Chart of US IPO proceeds in September 2026 dollars. 1999's 476 IPOs raised $130.7 billion; 2021's 311 raised $148.4 billion. SpaceX raised $85.7 billion. Anthropic reportedly seeks up to $100 billion.

SpaceX raised about $85.7 billion in its June IPO, more than half of what the 476 US IPOs of 1999 raised after inflation.

Those 1999 deals raised $64.67 billion at the time, or about $130.7 billion in September 2026 dollars.

That puts a single offering at more than half of the 1999 total.

Here is how the biggest IPO hauls compare after inflation.

  • 2021, 311 IPOs, about $148.4 billion

  • 1999, 476 IPOs, about $130.7 billion

  • SpaceX in June 2026, about $85.7 billion

  • Anthropic, reported target, up to $100 billion

Anthropic is reportedly seeking up to $100 billion, which would top SpaceX's deal.

It took 476 companies in 1999 to raise about $130.7 billion in today's dollars, and one company got more than halfway there on its own in June.

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Phil Rosen
Phil Rosen

Phil Rosen is co-founder and CEO of Opening Bell Media and chief market strategist for Silvia Inc. (NASDAQ: SVIA). He hosts Full Signal and writes Opening Bell Daily — the markets briefing read by over 200,000 investors and published on Bloomberg Terminals — and has also published two books and won a Fulbright award for his reporting. Contact him at [email protected].

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