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SpaceX, Anthropic, and OpenAI: IPO Summer Shakes Up Wall Street

💼 Business & Startups·Tom Levy·

SpaceX, Anthropic, and OpenAI: IPO Summer Shakes Up Wall Street

SpaceX, Anthropic, and OpenAI: IPO Summer Shakes Up Wall Street
Key Takeaways
1SpaceX, Anthropic, and OpenAI are preparing to go public, marking a major turning point for the tech sector.
2The new acronym MANGOS, which includes Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX, replaces the traditional FAANG in the market.
3These simultaneous IPOs will test investor resilience and influence the valuations of tech companies by 2026.
💡Why it mattersThese massive IPOs could redefine expectations and the dynamics of the public tech market for years to come.
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Full Analysis

The IPO market is experiencing a resurgence, and it's no longer the usual giants leading the charge. The companies known by the acronym FAANG have long dominated the scene, but a new group, dubbed MANGOS, is now taking the reins. This group includes Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Notably, half of these companies are preparing to go public around the same time, which poses a significant test for investors.

In a recent episode of TechCrunch's Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane discussed the potential impact of these IPOs. They explored what this means beyond the mere numbers and who might benefit from it. These moves in the public market are expected in 2026, and they could very well redefine what is expected from a publicly traded tech company.

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