After Cerebras popped in its market debut, all attention turns to SpaceX, OpenAI and Anthropic, which are already among the most valuable U.S. tech companies.

Cerebras Systems IPO analysis: lock-up share release risk, OpenAI-heavy $24.6B backlog, and 87x ’26 sales valuation. Read the full analysis here.

Did the previous five largest IPOs reward Day 1 shareholders? Let's look at the largest IPOs in recent history (when adjusted for inflation). The table below shows the returns for those five names: Saudi Aramco,

SpaceX plans to go public by June with a valuation like seven years of Hungary's GDP. IPO by June 30 at 90.5% YES.

Investors are eager to get a slice of AI giants like OpenAI and Anthropic, although some market watchers wonder if AI enthusiasm can support stocks amid a proliferation of options.

Cerebras’s first day stock pop reflected clip-mania: shares rocketed 70% by market close.

Cerebras prices IPO at $185 a share amid strong demand; Traders expected a first-day pop

Cerebras’ shares surged in their trading debut Thursday, showing that public investors are willing to look past unusual financial risks for companies tied to the AI infrastructure boom. That’s a striking reception for a company that does not look like the clean software listings investors used

SpaceX could be the largest U.S. IPO in history, but stocks that go public with large market values tend to perform poorly.

CNBC’s Jim Cramer raised red flags over rising speculative excess in the initial public offering market on Friday, warning that SpaceX’s anticipated public debut could inflate valuations to dangerous levels.