Powerlaw Plans Nasdaq Listing to Give Investors Access to Anthropic, OpenAI

The fund holding stakes in AI and space companies seeks to go public.

Published on Feb. 21, 2026

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Powerlaw Corp., a fund that owns stakes in Anduril Industries, SpaceX, OpenAI, and Anthropic, is filing to sell shares on the Nasdaq, giving retail investors a chance to profit from some of the biggest private companies in artificial intelligence, defense, and space.

Why it matters

This listing would provide public market access to investors who want exposure to fast-growing private companies in the AI and space sectors, which have traditionally been difficult for retail investors to access.

The details

Powerlaw Corp. is part of Powerlaw Capital Group, a platform run by San Francisco-based Akkadian Ventures that specializes in buying shares in private companies from existing backers. The company has over $1.2 billion in assets under management and is seeking to list on the Nasdaq to allow more investors to participate in the growth of these high-profile private firms.

  • Powerlaw Corp. announced its plans to file for a Nasdaq listing on February 18, 2026.

The players

Powerlaw Corp.

A fund that owns stakes in Anduril Industries, SpaceX, OpenAI, and Anthropic, and is seeking to go public on the Nasdaq.

Akkadian Ventures

The San Francisco-based platform that runs Powerlaw Capital Group, which specializes in buying shares in private companies.

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What’s next

Powerlaw Corp. is expected to file its Nasdaq listing documents in the coming weeks, with the goal of going public later this year.

The takeaway

The planned Nasdaq listing of Powerlaw Corp. represents a new avenue for retail investors to gain exposure to some of the most promising private companies in the AI and space industries, which have traditionally been inaccessible to the general public.