Prediction Markets Now Expect AI Start-Up Anthropic to Unseat SpaceX as the Largest IPO in 2026

Prediction markets now give Anthropic a 63% chance of becoming 2026's largest IPO, surpassing SpaceX's $85.7 billion record. Anthropic's annual run rate sales surged from $9 billion to $65 billion, but the company faces valuation concerns and historical headwinds common to tech IPOs. The article warns retail investors that hot tech IPOs typically experience average year-one drawdowns of 55%, making them risky investments despite market enthusiasm.