The Fastest-Growing Software Business in History Just Filed for Its IPO

Wall Street's private meetings have already started. But 3 Backdoor plays that give you a way in today — one trades under $25.

On June 12, SpaceX pulled off the largest IPO the world has ever seen — a $1.77 trillion debut that raised $75 billion in a single day.

Most investors watched from the sidelines.

Here's what they may not realize: the sequel is already in motion. And this time, the company isn't a household name. Not yet.

Five years ago, a small band of scientists walked out of Silicon Valley's most famous AI lab to start their own company.

At the end of 2022, their startup was reportedly doing about $10 million a year in revenue.

By January 2025 — $1 billion.

By this May — $47 billion a year. And still climbing.

To put that in perspective:

Salesforce — the gold standard of business software — needed 19 years to reach $31 billion in annual revenue. This company did it in roughly 4.

Microsoft took 22 years to cross its first $10 billion.

Google did it in 8. Amazon took 12.

This company is barely five years old — and it has reportedly added more than $30 billion in annualized revenue since January alone.

There has simply never been a software business that grew this fast.

How did they do it without becoming a household name? Because they didn't chase consumers — they quietly conquered corporate America. More than 80% of the company's revenue comes from enterprise contracts, and the number of businesses paying it $1 million+ per year reportedly doubled — from 500 to over 1,000 — in a matter of months.

Then, on June 1, the company quietly filed IPO paperwork with the SEC.

Its last private funding round valued it at $965 billion. Last week, its bankers began scheduling private investor meetings — institutions only. If it lists anywhere near that valuation, it would be among the largest IPOs in history.

And the average American can't buy a single share. You're told to wait for opening day… and SpaceX just showed what chasing an IPO at the open can cost you.

But there's a smarter way in — and it's hiding in plain sight.

Our research team has identified the 3 “back-door” plays that can get you exposure before the IPO happens:

  • A tech company whose stake — verified in federal court filings — could soar to an estimated $135 billion at Anthropic's current valuation
  • A second company sitting on a stake so large it booked $16.8 billion in gains in a single quarter this year
  • And a little-known company trading under $25 that just signed a 20-year, $19 billion contract with this company — with Wall Street analysts' average price target more than 50% above where it trades today

The company's name — and all three plays are in our free briefing: “The Next SpaceX: 3 Backdoor Plays on This Fall's Trillion-Dollar IPO.”

Enter your information below for immediate access… The institutions already know the name. Now you can too.

[fc name=”FunnelatorLead”]