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Chart of the Day: IPO Class of 2026

John Keefer, Trust Investment Associate Jun 2, 2026
Bar graph showing the largest companies globally and where two highly anticipated IPO candidates for 2026 are expected to place amongst the established giants.

Contents

Today’s Chart of the Day from arvy's "The IPO Class of 2026" offers a snapshot of two highly anticipated IPO candidates for 2026, comparing their projected valuations with those of established public companies. An IPO, or initial public offering, occurs when a privately held company offers shares to the public for the first time.

In 2026, two of the most prominent names poised to go public are SpaceX and OpenAI, both expected to debut at unprecedented valuations that could place them among the world’s first trillion‑dollar enterprises at launch.

SpaceX, in particular, stands out: an estimated $1.75 trillion IPO valuation would surpass any company debut in history and immediately eclipse established giants such as Walmart, Berkshire Hathaway, and Eli Lilly in market cap.

With an ownership stake of around 40%, Elon Musk would see his capital empire expand substantially. If expectations are met, SpaceX may leave the most established companies grounded while it climbs into an entirely new orbit.
Chart of the Day

About the Author

John Keefer, Trust Investment Associate
John Keefer, Trust Investment Associate

John joined Crews Bank & Trust as a Trust Investment Associate in September 2025. He holds a Bachelor of Science in Business Administration with a focus in Finance and Banking from the University of Missouri, along with an Investment Certificate. In his role, he supports portfolio maintenance and analysis while helping clients work toward their financial goals.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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