SpaceX, Anthropic, and OpenAI Face a Hot IPO Summer
Original: SpaceX, Anthropic, and OpenAI’s hot IPO summer
TechCrunch’s Equity podcast frames a renewed IPO market around MANGOS, with AI and space companies testing investor appetite.
TechCrunch says the IPO market is active again, but the leading names are no longer the classic FAANG companies. The episode centers on MANGOS: Meta or Microsoft, Anthropic, Nvidia, Google, OpenAI, and SpaceX. With several of these companies approaching public markets in the same window, Equity’s hosts discuss what that means for valuations, investors, and expectations for public tech companies in 2026.
TechCrunch’s Equity podcast episode presents the current IPO rebound as a shift in which companies define the public-market technology narrative. Instead of the older FAANG framing, the episode highlights a newer acronym, MANGOS: Meta or Microsoft, depending on interpretation, plus Anthropic, Nvidia, Google, OpenAI, and SpaceX. The core claim is that the IPO market is back, but the companies drawing attention are different from the previous generation of consumer internet and platform giants that dominated investor thinking for years.
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