IPO Winners & Losers: SpaceX Terms, Selective Investors, and the AI IPO Race

Tired of hearing about IPOs only after they start trading? Get ahead with our weekly newsletter: https://ipos.renaissancecapital.com/l... Welcome back to Renaissance Capital’s IPO Winners and Losers, the weekly podcast breaking down the biggest stories shaping the IPO market. This week: • SpaceX sets terms for what could be the largest IPO in history • Retail investors may get a record allocation in the SpaceX offering • INNIO pops while Quantinuum gives quantum IPOs a reality check • Liftoff Mobile opens the door for the first major software IPO of the year • Anthropic confidentially files as the mega-IPO race accelerates We also discuss why SpaceX’s $1.75 trillion target market cap is only part of the story, how a shakier tape could affect IPO demand, and why this week’s winners, losers, and pulled deals show a market that is open — but still selective. If you follow IPOs, AI infrastructure, market psychology, or disruptive growth companies, this is the place to stay ahead of the next wave of public market stories.