SpaceX, Anthropic, and OpenAI’s hot IPO summer

SpaceX, Anthropic, and OpenAI are among the companies in the new "MANGOS" acronym poised to go public this summer, replacing the FAANG era. The cluster of high-profile IPOs will test investor appetite, valuation expectations, and the evolving role of public tech companies in 2026.

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS https://techcrunch.com/2026/06/09/its-not-faang-anymore-its-mangos/ — Meta or Microsoft, depending on who you ask , Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for what we can even expect from a public tech company in 2026. On this episode of TechCrunch’s Equity https://techcrunch.com/podcasts/equity/ podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane break down what this IPO moment actually means beyond the headline numbers, and who stands to benefit. Subscribe to Equity on YouTube https://www.youtube.com/@TechCrunch , Apple Podcasts https://itunes.apple.com/us/podcast/id1215439780 , Overcast https://overcast.fm/itunes1215439780/equity , Spotify https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=rZDFHv2sQUul g94iCRgpQ and all the casts. You also can follow Equity on X https://twitter.com/EquityPod and Threads https://www.threads.net/@equitypod , at @EquityPod.