Wall Street is rolling out the red carpet for SpaceX as the rocket company prepares what could be history's largest IPO. Goldman Sachs forecast SpaceX's AI unit would surge 100x over four years, helping secure the firm's coveted "lead left" role in the deal. The $86 billion offering has sparked unprecedented Wall Street frenzy, with Nasdaq loosening listing rules to win the business over NYSE.

SpaceX is courting retail investors like never before, reserving up to one-fifth of its float for individual investors—multiples larger than the typical 5-10% allocation in large-cap IPOs. The company launched a dedicated IPO website featuring a 17-minute hype video that promotes the offering like a music festival. The move reflects Musk's unorthodox approach to finance and Wall Street's willingness to bend rules.

As SpaceX prepares to dominate IPO discussions, Blackstone capped withdrawals from its $45 billion private credit fund as redemption requests hit 10%. Meanwhile, Anthropic raised $65 billion in new equity and filed for an IPO that could also be historic. Wall Street faces unprecedented competition for the attention and resources of these major tech offerings.