KINGSTON, R.I., Aug. 4 -- The University of Rhode Island issued the following news release:

KINGSTON, R.I. - Aug. 04, 2026 - In mythology, unicorns are fictional. In finance, however, unicorns are very real.

Just over a month ago, millions of people witnessed one financial unicorn, and another is quickly approaching. For the first time, privately held company SpaceX was listed on the NASDAQ. Valued at more than $1 trillion, the SpaceX IPO stands alone-at least until Anthropic, valued at just under $1 trillion, reportedly enters the public market later this year.

Top 5 IPO's Year to Day as of the end of July. Notice the SpaceX deal compared to the next highest deal size in June. (Michael Earlywine)

With nearly $2 trillion in company valu...