Robust 2026 IPO momentum, with 93 U.S. deals already priced and over $114 billion raised in the first half, underpins elevated trader consensus for additional listings before year-end. Supportive equity valuations, expectations for further Fed rate cuts, and SEC deregulation easing issuance have cleared much of the prior backlog, drawing larger later-stage firms in AI, enterprise software, and fintech. Key catalysts ahead include upcoming FOMC meetings, inflation releases, and any final regulatory milestones that could influence timing for names with confidential filings. While macro stability favors continued activity through the holiday window, shifts in Treasury yields or risk appetite could still alter the pace of resolutions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedShein targets $30-$40 billion valuation in planned Hong Kong IPO
SHEIN surges to 89%44%
Shein shifted its IPO plans from Western markets to Hong Kong, targeting a $30 to $40 billion valuation in a 2026 listing. This move follows regulatory and political challenges in the US and UK, with the company focusing on Asian markets and preparing for a Hong Kong Stock Exchange debut.
Shein clears Hong Kong listing hearing, paving way for IPO
SHEIN rises to 89%1%
Shein passed its Hong Kong Stock Exchange listing hearing on July 31, 2026, enabling a major IPO with up to 341.6 million shares. This approval followed regulatory clearance from the China Securities Regulatory Commission and signals strong institutional confidence in Shein's growth trajectory despite recent profit declines.
Shein clears Hong Kong Stock Exchange listing hearing, paving way for IPO
SHEIN surges to 90%60%
Shein passed its Hong Kong Stock Exchange listing hearing and received approval from the China Securities Regulatory Commission, enabling a major IPO expected in 2026. This regulatory clearance boosted market confidence significantly.
Shein clears Hong Kong IPO listing hearing
SHEIN jumps to 90%10%
Shein passed its Hong Kong Stock Exchange listing hearing, paving the way for a major IPO with up to 341.6 million shares. Despite regulatory and tariff challenges, this approval indicated strong institutional confidence and a likely IPO launch in 2026.
Shein IPO faces challenges as tariffs impact growth and profits
SHEIN rises to 89%1%
Shein's IPO plans encountered headwinds due to tariff changes and declining profits reported in mid-2026. The company posted a $99 million net loss in Q1 2026 and a 38.7% drop in 2025 net profit, complicating investor appetite ahead of its Hong Kong IPO.
Shein reports quarterly loss amid tariff changes ahead of Hong Kong IPO
SHEIN rises to 91%3%
Shein disclosed a $99 million quarterly loss due to tariff changes in the U.S. impacting sales, as revealed in pre-IPO financial filings. Despite this, the company remains on track for its Hong Kong IPO, affecting market sentiment and pricing.
Shein reports $99 million Q1 2026 loss ahead of Hong Kong IPO
SHEIN surges to 90%31%
Shein disclosed a $99 million net loss in Q1 2026 due to new US tariffs and higher costs, detailed in its Hong Kong IPO draft prospectus. This financial pressure raised concerns about the company's profitability but did not derail IPO plans.
Shein files Hong Kong IPO draft prospectus revealing financial challenges
SHEIN jumps to 89%12%
Shein disclosed a $99 million net loss in Q1 2026 and a 38.7% drop in 2025 net income, impacted by US tariffs and logistics costs. The filing marks a key step toward its Hong Kong IPO, highlighting the financial pressures and strategic adjustments ahead of the public listing.
Applied Intuition launches Dana, an agentic platform for physical AI
Applied Intuition dips to 14%1%
Applied Intuition announced the launch of Dana on July 21, 2026, a platform designed to accelerate development and deployment of physical AI systems, highlighting the company's growth and IPO readiness in the physical AI sector.
Anthropic advances IPO preparations with investor meetings and potential Meta compute acquisition
Anthropic held investor meetings and moved closer to a mega-IPO, including talks to acquire compute assets from Meta, signaling strong momentum toward a 2026 IPO and increasing market confidence.
Shein confirms plans for 2026 IPO in Hong Kong amid regulatory challenges
SHEIN surges to 88%59%
Shein confirmed it is proceeding with an IPO planned for 2026, likely listing in Hong Kong after a stalled London IPO attempt. Regulatory scrutiny and geopolitical risks have impacted timing and valuation, but the company remains committed to going public.
Anthropic advances IPO preparations with investor meetings and bank talks
In mid-July 2026, Anthropic held meetings with investors and engaged with banks to advance its IPO process, reinforcing expectations for a large-scale public offering in late 2026. This activity supported market confidence in Anthropic's IPO prospects.
Anthropic's IPO banks begin investor roadshow meetings ahead of potential October 2026 listing
Anthropic's underwriting banks started scheduling meetings with potential investors in mid-July 2026, indicating the company is advancing toward a Nasdaq IPO possibly as early as October 2026, reinforcing market expectations for a 2026 public offering.
Anthropic begins investor roadshow meetings ahead of potential October IPO
Anthropic drops to 67%8%
Anthropic's underwriting banks started scheduling meetings with potential investors in mid-July 2026, marking the beginning of the roadshow process and indicating a likely IPO in October 2026.
Shein receives regulatory green light for Hong Kong IPO, targets August launch
SHEIN surges to 86%30%
Shein secured approval from the Hong Kong Stock Exchange and China's securities regulator, advancing its IPO plans with a potential launch as early as August 2026, after previous delays in US and UK markets.
SBI Funds Management IPO opens in India, signaling active IPO market in 2026
On July 14, 2026, SBI Funds Management launched its IPO in India, reflecting a broader active IPO environment in 2026, though unrelated directly to the listed companies in the market, it contextualizes the IPO climate.
Shein receives China approval for Hong Kong IPO, earliest listing in September 2026
SHEIN surges to 75%46%
Shein obtained regulatory approval from China for its Hong Kong IPO in July 2026, after failed attempts in New York and London, setting the stage for a potential listing in September 2026 with a valuation around $40-50 billion.
Shein receives China Securities Regulatory Commission approval for Hong Kong IPO
SHEIN surges to 86%56%
Shein obtained approval from the China Securities Regulatory Commission to proceed with its IPO on the Hong Kong Stock Exchange, clearing a major regulatory hurdle and paving the way for a potential IPO in late 2026.
China Securities Regulatory Commission approves Shein's Hong Kong IPO for fall 2026
SHEIN surges to 92%21%
Shein received approval from the China Securities Regulatory Commission on July 10, 2026, to proceed with its IPO in Hong Kong targeting September or October 2026, with an expected valuation of $40-50 billion.
China Securities Regulatory Commission clears Shein's Hong Kong IPO listing
SHEIN surges to 90%31%
The Chinese regulator approved Shein's IPO application for the Hong Kong Stock Exchange, reviving its IPO plans after previous attempts in New York and London stalled. This clearance was a critical step toward Shein's expected 2026 IPO.
Shein files prospectus for Hong Kong IPO after regulatory hurdles in US and UK
SHEIN surges to 86%25%
Shein published its draft prospectus for a Hong Kong IPO in July 2026, moving its listing plans from the US and UK due to regulatory challenges. The filing revealed revenue growth but profit pressure from tariff changes, marking a key step toward its 2026 IPO.
Shein receives China regulatory approval for Hong Kong IPO
SHEIN jumps to 90%10%
Shein obtained approval from the China Securities Regulatory Commission to proceed with its IPO in Hong Kong, targeting a $30-50 billion valuation and marking a strategic pivot after US and UK regulatory hurdles.
Shein receives Chinese regulatory approval for Hong Kong IPO
SHEIN surges to 57%28%
Shein obtained approval from the China Securities Regulatory Commission on July 10, 2026, to proceed with its planned IPO in Hong Kong after previous failed attempts in New York and London. This approval significantly increased market confidence in Shein's IPO prospects.
Shein advances preparations for Hong Kong IPO with regulatory approval expected
SHEIN surges to 91%46%
Shein is actively preparing for an IPO in Hong Kong, with the China Securities Regulatory Commission's approval anticipated soon, aiming to start the listing process within months. This follows previous failed attempts in the U.S. and London, marking a strategic shift to Hong Kong.
Shein receives Beijing approval for Hong Kong IPO
SHEIN surges to 56%27%
On July 10, 2026, Shein received regulatory approval from the China Securities Regulatory Commission to proceed with its planned IPO in Hong Kong, after previous failed attempts in New York and London. This approval boosted market expectations for Shein's IPO in late 2026.
OpenAI considers delaying IPO to 2027 after SpaceX's rocky debut
OpenAI drops to 21%10%
Following SpaceX's IPO performance and a volatile tech market, OpenAI's advisers cautioned the company about retail investor enthusiasm, leading to considerations of postponing the IPO to 2027, which dampened near-term market confidence.
Reports indicate OpenAI IPO delayed beyond 2026 due to financial and market concerns
OpenAI plunges to 19%16%
Reports on June 25, 2026, suggested OpenAI is leaning toward delaying its IPO to 2027, citing challenges in sustaining valuation and revenue growth to justify a 2026 listing. This news caused market skepticism and a drop in IPO probability prices.
OpenAI reportedly leans toward delaying IPO to 2027 amid valuation concerns
OpenAI drops to 17%12%
A June 2026 New York Times report indicated OpenAI is considering postponing its IPO to 2027 due to financial and valuation uncertainties. This news caused market reassessment and a drop in IPO probability, reflecting caution despite ongoing IPO preparations.
Applied Intuition expands autonomous driving system into Japan
Applied Intuition rises to 28%1%
Applied Intuition announced the deployment of its autonomous driving system in Japan, addressing one of the world's most challenging driving environments, signaling global expansion ahead of IPO.
Rippling CEO states no near-term IPO plans, defers to 2027-2028 timeframe
Rippling's CEO Parker Conrad confirmed in June 2026 that the company has no immediate plans for an IPO, preferring to continue private capital growth. Market analysts project a potential IPO in 2027 or 2028, with no regulatory filings indicating an imminent public debut.
Applied Intuition completes $600 million Series F funding at $15 billion valuation
Applied Intuition plunges to 20%30%
Applied Intuition raised $600 million in a Series F funding round led by BlackRock and Kleiner Perkins, doubling its valuation to $15 billion. The company is positioning for a potential IPO but has not announced a definitive timeline.
Applied Intuition raises $600 million Series F at $15 billion valuation
Applied Intuition closed a $600 million Series F funding round led by BlackRock and Kleiner Perkins, doubling its valuation to $15 billion. The company is expanding its product portfolio and global presence, positioning itself for a potential IPO in the near term.
Discord IPO delayed due to SEC backlog and market conditions
Discord drops to 55%5%
Discord's IPO, initially targeted for early 2026 after confidential filing in January, has been delayed beyond June 30, 2026, due to SEC regulatory backlog and tech market conditions, with valuation reset to around $8 billion.
Mistral AI in talks to raise €3 billion at €20 billion valuation
Mistral AI rises to 18%2%
On June 12, 2026, Bloomberg reported that Mistral AI was in early discussions to raise about €3 billion, valuing the company at around €20 billion, nearly double its previous valuation, signaling strong growth and IPO potential though no date confirmed.
OpenAI clears legal hurdle for IPO with lawsuit win, eyes late 2026 or 2027 listing
OpenAI plunges to 20%31%
In May 2026, OpenAI won a significant lawsuit brought by Elon Musk, clearing a major legal obstacle for its IPO. The company is preparing for a potential public offering in late 2026 or 2027, with CFO Sarah Friar indicating 2027 as a target but some advisers expecting earlier.
Mistral AI in early talks to raise €3 billion at €20 billion valuation
Mistral AI rises to 16%4%
French AI startup Mistral AI is in early discussions to raise about €3 billion, valuing the company at around €20 billion, nearly double its previous valuation, signaling strong growth and IPO potential in 2027 or later.
SpaceX completes largest IPO ever, raising $86 billion at $1.77 trillion valuation
SpaceX completed the largest IPO in history, raising $86 billion at a $1.77 trillion valuation, setting a new benchmark for mega-IPOs and influencing market dynamics for other large tech IPOs including OpenAI and Anthropic.
SpaceX confirms IPO pricing and share count, finalizing largest IPO ever
SpaceX rises to 100%2%
On June 11, 2026, SpaceX confirmed the pricing of its IPO at $135 per share for 555,555,555 shares, finalizing the largest IPO in history. This official announcement solidified the market's resolution to 'Yes' for SpaceX's IPO.
OpenAI confirms confidential IPO filing with SEC
OpenAI drops to 21%9%
On June 8, 2026, OpenAI confirmed it filed confidentially for an IPO with the US Securities and Exchange Commission, marking a formal step toward a public listing. This filing aligns with the company's plans for a late 2026 IPO amid growing investor interest and financial pressures.
OpenAI files S-1 with SEC, signaling active IPO process in 2026
OpenAI jumps to 35%14%
OpenAI filed its S-1 registration statement with the SEC on June 8, 2026, indicating an active IPO process with a target valuation near $1 trillion. This filing confirmed OpenAI's intent to go public in late 2026, amidst ongoing financial and operational challenges.
OpenAI files for IPO with SEC
OpenAI dips to 16%4%
OpenAI filed its confidential S-1 registration statement with the SEC, marking an active IPO process. The company, valued around $920 billion, is preparing for a potential public listing in late 2026, though some reports suggest possible delays due to market conditions and valuation concerns.
OpenAI confidentially files IPO paperwork with SEC targeting 2026 debut
OpenAI plunges to 30%21%
OpenAI confidentially filed its S-1 registration statement with the SEC on May 22, 2026, publicly confirmed on June 8, targeting a public debut as early as September 2026 with a valuation between $730 billion and $1 trillion.
OpenAI confidentially files for IPO, targeting late 2026 or 2027
OpenAI plunges to 19%32%
OpenAI confidentially filed IPO documents with the SEC in early June 2026, aiming for a valuation above $850 billion. The company is preparing for a potential IPO in late 2026 or 2027, amid internal debates about timing and financial sustainability.
OpenAI files confidential S-1 with SEC, advancing IPO plans for late 2026
OpenAI filed a confidential S-1 registration statement with the SEC in early June 2026, signaling active IPO preparations. The company targets a late 2026 public listing with a valuation around $852 billion, though some reports suggest potential delays due to financial and market considerations.
OpenAI confirms IPO filing with US Securities and Exchange Commission
OpenAI rises to 51%1%
On June 8, 2026, OpenAI publicly confirmed it filed for an IPO with the SEC, signaling its intent to go public possibly in late 2026. This confirmation followed months of speculation and aligns with its for-profit corporate restructuring in 2025.
Databricks CEO says 2026 is a 'terrible year to go public', IPO delayed
Databricks dips to 17%3%
Databricks CEO Ali Ghodsi announced on June 4, 2026, that the company would delay its IPO due to an oversaturated market and unfavorable conditions, despite being IPO-ready. This caused a decline in market confidence for a 2026 IPO, pushing expectations to later dates.
Databricks CEO confirms IPO readiness but delays listing to later in 2026
Databricks plunges to 20%30%
Databricks CEO Ali Ghodsi stated in June 2026 that the company is IPO-ready but considers 2026 a difficult year to go public, suggesting a possible delay beyond 2026 despite strong fundamentals.
Databricks CEO states IPO unlikely in 2026 due to crowded market
Databricks plunges to 19%31%
On June 4, 2026, Databricks CEO Ali Ghodsi announced that the company would not pursue an IPO in 2026, citing a crowded IPO market and unfavorable timing. This decision delayed the anticipated public listing to 2027 or later.
Databricks CEO signals 2026 IPO unlikely due to market saturation
Databricks CEO Ali Ghodsi stated in June 2026 that 2026 is a "terrible year to go public" due to an oversaturated IPO market, despite the company being IPO-ready and having strong financials, suggesting a possible delay beyond 2026.
Databricks CEO announces IPO plans for 2026 but delays due to market conditions
Databricks drops to 18%6%
Databricks CEO Ali Ghodsi confirmed plans to go public but called 2026 a 'terrible year to go public' due to market saturation, delaying the IPO despite readiness, which lowered market confidence.
Databricks CEO states 2026 is a 'terrible year' to go public, IPO delayed
Databricks dips to 20%1%
Databricks CEO Ali Ghodsi announced that despite being IPO-ready, the company considers 2026 an unfavorable year for an IPO due to market saturation, signaling a delay in its public listing plans.
SpaceX sets IPO price at $135 per share, targeting $75 billion raise
SpaceX jumps to 100%5%
SpaceX announced its IPO price at $135 per share in early June 2026, aiming to raise a record $75 billion. This pricing confirmed the IPO's imminent launch and drove the market price to 100% for SpaceX.
Shein filed S-1 registration statement with SEC in 2024, IPO actively in progress
SHEIN surges to 89%63%
Shein filed its S-1 registration statement with the SEC on June 3, 2024, and has been actively progressing towards an IPO, with the timeline depending on SEC review and market conditions, aiming for a 2026 listing in Hong Kong.
SpaceX sets IPO price at $135 per share targeting $75 billion raise
SpaceX rises to 99%3%
SpaceX announced an IPO price of $135 per share on June 2, 2026, aiming to raise a record $75 billion and valuing the company at $1.77 trillion. This pricing confirmed the company's position for the largest IPO ever, driving market confidence to near certainty.
Anthropic files confidential draft S-1 with SEC for IPO
Anthropic surges to 65%15%
Anthropic confidentially filed a draft S-1 registration statement with the SEC on June 1, 2026, marking the formal start of its IPO process. The company targets an October 2026 Nasdaq listing with a valuation near $965 billion, positioning it as one of the largest tech IPOs in history.
Anthropic confidentially files for IPO, targeting late 2026 debut
Anthropic surges to 67%17%
Anthropic filed a confidential draft S-1 with the SEC on June 1, 2026, signaling active IPO preparations with a potential Q4 2026 public offering. The company has rapidly grown revenue and valuation, positioning itself as a major AI IPO competitor alongside OpenAI.
Mistral AI raises $1.5 billion in Series D and Series E funding rounds
In mid-2026, Mistral AI completed large funding rounds totaling over $1.5 billion, boosting its valuation and supporting its growth strategy. Despite strong IPO readiness signals, the company has not announced a specific IPO date yet.
Anthropic confidentially files draft S-1 for IPO, targeting fall 2026
Anthropic filed a confidential draft S-1 registration statement with the SEC on June 1, 2026, marking the formal start of its IPO process. The company aims for a Nasdaq listing in October 2026 with a valuation near $965 billion, positioning it as one of the largest tech IPOs ever.
OpenAI confidentially files for IPO aiming for late 2026 listing
OpenAI rises to 51%1%
OpenAI filed confidentially with the SEC in June 2026, advancing its IPO plans targeting a late 2026 public offering. The company is valued around $852 billion after recent funding rounds and is preparing for one of the largest tech IPOs in history.
Anthropic files confidential IPO paperwork with SEC, targeting October 2026
Anthropic surges to 67%17%
Anthropic confidentially filed its S-1 draft with the SEC on June 1, 2026, officially starting the IPO process. The company aims for an October 2026 IPO with a valuation near $965 billion, positioning itself as a major AI IPO contender alongside OpenAI and SpaceX.
Anthropic confidentially files S-1 for IPO targeting October 2026
Anthropic jumps to 75%6%
Anthropic filed a confidential draft S-1 with the SEC on June 1, 2026, signaling active IPO preparations for a potential October 2026 Nasdaq listing. The company had recently closed a $65 billion Series H funding round valuing it at $965 billion, positioning it as a leading AI IPO candidate.
Anthropic files confidential S-1 draft with SEC for IPO
Anthropic jumps to 74%9%
Anthropic filed a confidential draft S-1 registration statement with the SEC, officially starting the IPO process and targeting a Nasdaq listing in October 2026. This filing confirmed active IPO preparations and increased market confidence.
Anthropic confidentially files draft registration for IPO
Anthropic jumps to 64%5%
Anthropic filed a confidential draft registration statement with the SEC, marking the first official step toward a public offering expected in October 2026. This filing confirmed active IPO preparations and increased market optimism.
Anthropic files confidentially for IPO, targeting Q3/Q4 2026 listing
Anthropic drops to 68%7%
Anthropic officially filed a confidential S-1 draft with the SEC on June 1, 2026, marking the start of its IPO process. The company plans a Nasdaq listing in October 2026 with a valuation near $965 billion, positioning itself as one of the largest tech IPOs of the year.
Applied Intuition partners with Stellantis to co-develop next-gen vehicle software
Applied Intuition rises to 15%1%
On May 25, 2026, Applied Intuition expanded its strategic partnership with Stellantis to jointly develop core vehicle software platforms, enhancing its automotive industry footprint and IPO appeal.
Rippling shows strong growth but defers IPO plans to 2027 or later
Despite strong financial metrics and a $16.8 billion valuation from a 2025 funding round, Rippling has not filed for an IPO by mid-2026 and is expected to delay public listing until 2027 or later, preferring private capital for growth. This deferral is reflected in the market's low IPO probability pricing.
OpenAI confidentially files IPO prospectus with SEC targeting late 2026 listing
OpenAI drops to 20%9%
OpenAI confidentially filed its IPO prospectus with the SEC, aiming for a public listing in late 2026 or early 2027, marking a major milestone in its IPO preparations despite internal timing uncertainties.
OpenAI confidentially files S-1 IPO prospectus amid rapid growth and funding
OpenAI surges to 50%17%
OpenAI filed its confidential S-1 IPO prospectus on May 22, 2026, marking a key step toward a potential late 2026 or 2027 IPO. The filing reflects the company's rapid revenue growth and massive capital needs to support AI infrastructure expansion.
OpenAI confidentially files for IPO targeting late 2026
OpenAI plunges to 17%34%
OpenAI filed a confidential IPO prospectus with the SEC around May 22, 2026, aiming for a public listing between September and November 2026 at a valuation north of $1 trillion. This filing confirms OpenAI's serious intent to go public, influencing market expectations.
OpenAI confidentially files for IPO targeting $1 trillion valuation
OpenAI plunges to 21%30%
OpenAI filed confidentially with the SEC around May 22, 2026, aiming for a public listing between September and November 2026 with a valuation above $1 trillion, marking one of the largest IPOs ever.
OpenAI confidentially files draft S-1 for IPO with SEC
OpenAI rises to 55%4%
OpenAI confidentially submitted a draft S-1 registration statement to the SEC, marking a formal step toward a public offering targeted for late 2026. This filing confirmed OpenAI's IPO plans and influenced market expectations and pricing.
SpaceX files S-1 for IPO at $1.75 trillion valuation, opening 2026 mega-IPO wave
SpaceX filed its S-1 registration statement on May 20, 2026, targeting a $1.75 trillion valuation and a $75 billion raise, initiating the largest IPO cycle in history and setting the stage for other tech giants like OpenAI and Anthropic to follow.
SpaceX publicly files IPO prospectus and plans Nasdaq listing
SpaceX jumps to 95%10%
SpaceX publicly circulated its IPO prospectus in May 2026, confirming plans to list on Nasdaq under ticker SPCX. The filing disclosed $18.67 billion in 2025 revenue and a $1.75 trillion valuation, significantly boosting market confidence and price.
SpaceX files for IPO revealing $18 billion revenue in 2025
SpaceX filed its S-1 with the SEC on May 20, 2026, targeting a valuation between $1.75 trillion and $2 trillion, marking one of the largest IPOs in history. The filing disclosed $18 billion in 2025 revenue, with Starlink as the main revenue driver, fueling market confidence in the IPO.
Anthropic files confidential S-1 for IPO, targeting late 2026 debut
Anthropic drops to 68%8%
Anthropic officially filed a confidential draft S-1 registration statement with the SEC on June 1, 2026, marking the formal start of its IPO process with plans for a late 2026 public offering, potentially raising $60 billion or more.
Remote IPO speculated for 2027 or later, no concrete signals in 2026
Remote dips to 18%4%
Remote, a global HR/payroll platform, has no confirmed IPO plans for 2026, with market speculation placing its IPO in 2027 or beyond. No official filings or announcements have been made as of mid-2026.
Ledger pauses US IPO plans amid volatile crypto markets
Ledger plunges to 16%31%
Ledger, a crypto hardware wallet provider, put its planned US IPO on hold in May 2026 due to unfavorable market conditions and volatility in the crypto sector. This pause affected market expectations for Ledger's IPO timing and valuation.
Celonis launches Context Model and acquires Ikigai Labs to boost AI capabilities
Celonis rises to 13%3%
Celonis announced the launch of its Celonis Context Model and the acquisition of Ikigai Labs, enhancing its AI-powered decision intelligence platform. This move positioned Celonis strongly ahead of its anticipated IPO in 2026-2027, signaling growth and innovation in process mining software.
Celonis announces AI-powered decision intelligence acquisition and IPO preparations
Celonis rises to 13%1%
On May 12, 2026, Celonis announced the acquisition of Ikigai Labs and launched the Celonis Context Model, signaling technological advancement and IPO readiness. The company is widely regarded as an IPO candidate for 2026-2027 with a valuation around $13 billion.
Celonis announces acquisition of Ikigai Labs and AI platform expansion
On May 12, 2026, Celonis announced the acquisition of AI decision intelligence company Ikigai Labs and launched the Celonis Context Model, enhancing its AI capabilities. These strategic moves support Celonis's preparation for an IPO expected in 2026-2027.
Celonis launches AI decision intelligence and acquires Ikigai Labs
Celonis announced the launch of its Celonis Context Model and signed an agreement to acquire AI decision intelligence company Ikigai Labs, signaling strategic expansion ahead of its anticipated IPO in 2026-2027. This move supports its positioning as a leading process mining software company preparing for public markets.
Rippling reaches $1 billion ARR but defers IPO plans beyond 2026
Rippling plunges to 12%38%
Rippling achieved $1 billion in annual recurring revenue by mid-2026 but has not filed for an IPO. The company prefers to continue private funding and is expected to consider an IPO in 2027 or later, reflecting a strategic decision to delay public listing despite strong growth.
Fannie Mae investors optimistic despite IPO delays
Fannie Mae rises to 15%3%
Despite regulatory and conservatorship complexities delaying a near-term IPO, investors remain optimistic about Fannie Mae's eventual public offering. Market prices reflect low probability of a 2026 IPO but acknowledge ongoing capital accumulation and regulatory progress.
Shein faces regulatory investigations and IPO delays amid valuation pressure
Shein's IPO timeline has been delayed due to regulatory investigations in Europe and the US, including data privacy and labor practice concerns. These challenges have pressured its valuation and complicated its planned Hong Kong or London IPO in 2026.
Applied Intuition partners with Heidelberg Materials for autonomous mining operations
Applied Intuition announced a collaboration with Heidelberg Materials to implement autonomous vehicle systems in mining operations, showcasing commercial traction and industry partnerships ahead of a potential IPO.
Applied Intuition opens new office in Florida to expand defense tech efforts
Applied Intuition rises to 23%3%
Applied Intuition announced the opening of a new office in Fort Walton Beach, Florida, to support advanced aviation and defense autonomy projects, signaling growth and IPO readiness in 2026.
Canva announces AI-driven platform transformation and acquisition spree
Canva drops to 11%12%
In April 2026, Canva announced a strategic pivot to AI-powered design ecosystem and acquired multiple AI startups, delaying its IPO to 2027 to solidify its new business model, impacting market confidence negatively in the short term.
OpenAI CFO confirms annualized revenue surpassing $20 billion by end of 2025
OpenAI rises to 30%3%
OpenAI's CFO Sarah Friar confirmed in early 2026 that the company's annualized revenue exceeded $20 billion by the end of 2025, supporting market expectations for a 2026 IPO despite ongoing financial challenges.
Remote raises $310 million in latest funding round, valuation at $3 billion
Remote plunges to 18%32%
Remote secured $310 million in a late-stage funding round, maintaining a $3 billion valuation. While the company is expanding its HR and payroll platform, no IPO plans have been publicly announced, contributing to low market confidence in a near-term listing.
OpenAI COO shifts role and AGI CEO takes medical leave amid IPO preparations
OpenAI jumps to 44%5%
OpenAI experienced significant leadership changes with the COO shifting roles and the AGI division CEO taking medical leave, raising questions about execution risks as the company prepares for a potential IPO in late 2026.
OpenAI experiences leadership changes ahead of IPO preparations
OpenAI plunges to 20%15%
In early April 2026, OpenAI announced key leadership changes including COO role shift and medical leaves for executives, raising questions about execution risks as the company prepares for a potential IPO later in the year.
Databricks announces $850 million UK investment, signals IPO readiness
Databricks rises to 20%1%
Databricks announced a major $850 million investment in the UK in April 2026, expanding its office footprint and signaling readiness for an IPO. CEO Ali Ghodsi has stated the company is IPO-ready, though market conditions may delay the listing.
SpaceX files confidential S-1 for blockbuster IPO targeting June 2026
SpaceX confidentially filed its S-1 registration statement with the SEC in early April 2026, aiming for a June 2026 IPO with a $1.75 trillion valuation and $75 billion raise. This would be the largest IPO in history, setting a precedent for other mega tech IPOs in 2026.
SpaceX confidentially files S-1 for IPO targeting June 2026
SpaceX jumps to 85%11%
SpaceX confidentially filed its S-1 with the SEC in early April 2026, preparing for a June IPO. This filing was a critical step toward the public offering and drove significant market price increases for SpaceX's IPO outcome.
Applied Intuition launches first mobile operations center for autonomous systems
Applied Intuition announced the launch of Applied Edge, a mobile operations center for autonomous systems, demonstrating product expansion and operational maturity that support its positioning for a near-term IPO.
Applied Intuition reaches $15 billion valuation after $600 million Series F funding
Applied Intuition closed a $600 million Series F funding round in June 2025, reaching a $15 billion valuation. The company continues to expand its autonomous vehicle software and physical AI platform, but has not announced IPO plans, remaining private as of mid-2026.
Shein pursues Hong Kong IPO in 2026 amid regulatory hurdles
SHEIN plunges to 29%16%
Shein is targeting a Hong Kong IPO in 2026 after its planned London listing stalled due to regulatory issues. The company faces challenges from regulatory scrutiny and competition but remains a major player in fast fashion with a valuation between $30-50 billion.
Applied Intuition announces TRATON ONE OS partnership and autonomous vehicle platform expansion
Applied Intuition rises to 23%3%
Applied Intuition announced a strategic partnership with TRATON GROUP to develop a unified software platform for commercial vehicles, expanding its autonomous vehicle software offerings. This demonstrated the company's growth and readiness for a potential IPO amid increasing enterprise adoption.
WHOOP raises $575 million at $10.1 billion valuation, signals IPO ahead
WHOOP closed a $575 million Series G funding round at a $10.1 billion valuation, nearly tripling its 2021 valuation. The CEO stated this would be the last private round, positioning the company for an IPO likely within 18 to 24 months, signaling strong IPO intent.
Mistral AI raises $830 million debt for data center expansion
Mistral AI rises to 20%4%
Mistral AI secured $830 million in debt financing in March 2026 to expand data center capacity near Paris and Sweden, signaling growth but with no immediate IPO plans. The CEO has indicated the IPO is a long-term goal, not imminent, which aligns with the market's low IPO probability for 2026.
Anthropic explores IPO in 2026 with potential $60 billion raise
Anthropic surges to 67%17%
Anthropic is actively exploring an IPO as early as October 2026, with bankers estimating a potential raise of more than $60 billion, supported by rapid revenue growth and a $380 billion valuation in early 2026.
Discord files S-1 registration statement with SEC for IPO process
Discord drops to 88%6%
Discord filed its S-1 registration statement with the SEC on March 12, 2026, marking a formal step in its IPO process and providing detailed financial disclosures to the public market, supporting its planned March 2026 IPO debut.
WHOOP announces 600-person hiring drive signaling IPO preparation
WHOOP rises to 51%1%
WHOOP announced plans to hire over 600 employees in 2026, a 75% workforce increase, signaling strong growth ambitions and preparation for an IPO. This hiring surge boosted market confidence in WHOOP's public listing prospects.
Discord targets Nasdaq IPO in March 2026 with $15-20 billion valuation
Discord surges to 94%29%
Discord aims to list on Nasdaq in March 2026 with an expected valuation between $15 and $20 billion. The company is preparing to demonstrate monetization growth and profitability to investors in a recovering tech IPO market.
Supreme Court ruling on Trump tariffs complicates Shein IPO plans
SHEIN drops to 36%9%
A Supreme Court ruling on tariffs imposed by the Trump administration created regulatory and market challenges for Shein's planned IPO, contributing to delays and uncertainty about the timing and venue of its public listing, which is now expected in Hong Kong in 2026.
Shein confirms IPO plans amid regulatory and market challenges
SHEIN rises to 38%1%
Shein confirmed plans to proceed with an IPO, shifting focus from a London listing to Hong Kong due to regulatory hurdles. The company faces scrutiny over labor and environmental issues, impacting investor sentiment and IPO timing.
OpenAI completes corporate restructure to public benefit corporation
OpenAI rises to 35%2%
In late 2025, OpenAI converted from a nonprofit to a for-profit public benefit corporation, a key step to facilitate a future IPO and improve governance structure, positively influencing market expectations for a 2026 listing.
Databricks raises $4 billion at $134 billion valuation, signals IPO readiness
Databricks plunges to 20%30%
Databricks closed a $4 billion Series L funding round at a $134 billion valuation in December 2025 and added $1.8 billion in debt financing in early 2026, signaling readiness for an IPO likely in late 2026 or early 2027.
Shein files for IPO in Hong Kong after London plans stall
SHEIN plunges to 18%27%
Shein shifted its IPO plans from London to Hong Kong due to regulatory and geopolitical challenges, filing officially for a 2026 IPO with an expected valuation between $30 and $50 billion. The company faces scrutiny over labor and environmental practices.
Shein confirms IPO plans amid regulatory and geopolitical challenges
SHEIN plunges to 19%26%
Shein confirmed plans to proceed with an IPO, targeting a 2026 listing likely in Hong Kong after a stalled London IPO attempt, facing regulatory scrutiny and geopolitical risks that impact timing and valuation.
OpenAI explores late 2026 IPO targeting $1 trillion valuation
OpenAI surges to 68%17%
OpenAI began informal discussions with major investment banks and expanded its finance team to prepare for a potential IPO in late 2026, aiming for a valuation around $1 trillion, reflecting its rapid revenue growth and market position.
OpenAI accelerates IPO plans targeting Q4 2026 debut amid AI competition
OpenAI surges to 67%16%
OpenAI is reportedly accelerating its IPO preparations aiming for a fourth quarter 2026 public offering, with informal talks with Wall Street banks and expansion of its finance team, reflecting competitive pressure and market interest in AI IPOs.
OpenAI accelerates plans for Q4 2026 IPO amid AI competition
OpenAI surges to 67%16%
OpenAI is accelerating plans for a potential IPO in Q4 2026, aiming to go public ahead of rival Anthropic, with informal talks with Wall Street banks and seeking over $100 billion in pre-IPO funding at an $830 billion valuation.
OpenAI prepares for Q4 2026 IPO targeting $1 trillion valuation
OpenAI plunges to 21%30%
OpenAI began informal discussions with major Wall Street banks and expanded its finance team in early 2026, aiming for a late 2026 IPO with a potential $1 trillion valuation. The IPO would be among the largest in history, reflecting OpenAI's rapid revenue growth and strategic importance in AI.
OpenAI restructures into Public Benefit Corporation clearing IPO path
OpenAI rises to 53%2%
In October 2025, OpenAI restructured into a Public Benefit Corporation, enabling it to pursue an IPO. This corporate change was a key step in preparing for a public offering and attracted significant institutional investment interest.
OpenAI raises $110 billion to fund AI ambitions ahead of IPO
OpenAI surges to 55%15%
OpenAI raised $110 billion in early 2026 to support its AI development and infrastructure, underscoring the need for substantial capital before its planned IPO. This funding round influenced market expectations and pricing for the IPO.
Applied Intuition raises $600 million Series F at $15 billion valuation
Applied Intuition plunges to 25%25%
Applied Intuition completed a $600 million Series F funding round at a $15 billion valuation, strengthening its financial position but with no confirmed IPO plans, leading to low near-term IPO market confidence.
Rippling CEO states IPO not in near-term plans
Rippling plunges to 28%22%
In a May 2025 interview and subsequent reports through 2026, Rippling's CEO Parker Conrad publicly stated that an IPO is not planned in the near term, with analysts expecting a public offering in 2027 or 2028. This stance contributed to low market confidence in a 2026 IPO for Rippling.
Databricks raises $1.8 billion in debt signaling IPO preparation
Databricks plunges to 23%27%
Databricks secured $1.8 billion in additional debt financing led by JPMorgan in January 2026, indicating accelerated IPO preparation, though CEO Ali Ghodsi later stated 2026 is a "terrible year to go public," suggesting a delay.
Mistral AI CEO projects €1 billion revenue for 2026 at Davos
At the World Economic Forum in January 2026, Mistral AI's CEO Arthur Mensch announced the company expects to reach €1 billion in revenue in 2026, highlighting rapid growth and strengthening its position as a leading European AI company with IPO ambitions.
Remote expands product offerings and global presence amid IPO speculation
Remote rises to 54%4%
Remote launched new AI recruitment and onboarding tools in early 2026 and expanded its US PEO services, fueling speculation about a potential IPO. However, no concrete IPO plans or filings have been announced, with expected listing dates beyond 2027.
Applied Intuition opens new office in Fort Walton Beach to expand defense tech efforts
Applied Intuition plunges to 12%38%
Applied Intuition announced on January 20, 2026, the opening of a new office in Fort Walton Beach, Florida, to support advanced aviation and defense autonomy projects, reflecting growth and strategic positioning ahead of a potential IPO.
Discord CEO testifies before US Congress on online radicalization concerns
Discord surges to 92%27%
Discord CEO Humam Sakhnini testified before the US Congress in September 2025 regarding online radicalization and content moderation, highlighting regulatory scrutiny that could impact the company's IPO and operational policies.
OpenAI highlighted as part of 2026 mega IPO wave by The New York Times
OpenAI rises to 36%1%
The New York Times reported in mid-January 2026 that OpenAI was among the top tech companies expected to go public in 2026, reinforcing market anticipation for a historic IPO year despite no official confirmation yet.
OpenAI completes corporate restructuring to enable IPO
OpenAI rises to 35%2%
OpenAI finalized its transition from a nonprofit to a for-profit Public Benefit Corporation in late 2025, a necessary step to facilitate an IPO. This structural change was critical for the company's public market ambitions.
Discord confidentially files for U.S. IPO targeting $25B valuation
Discord plunges to 36%17%
Discord filed confidentially for an IPO with the SEC in January 2026, engaging Goldman Sachs and JPMorgan as lead underwriters, aiming for a public listing potentially in March 2026, reflecting strong internal preparations amid a recovering tech IPO market.
Discord confidentially files for US IPO targeting March 2026 debut
Discord surges to 94%44%
Discord filed confidentially with the SEC on January 6, 2026, aiming for a March 2026 IPO with Goldman Sachs and JPMorgan as lead underwriters. This filing marked a significant step toward going public, reflecting investor interest and market readiness for Discord's debut.
Discord files confidentially for US IPO targeting March 2026 debut
Discord jumps to 65%12%
Discord filed confidentially with the SEC for an IPO, aiming for a March 2026 public debut. This filing, along with engagement of Goldman Sachs and JPMorgan as underwriters, boosted market expectations for Discord's IPO.
Ripple President confirms no IPO plans for 2026, focusing on private growth
Rippling drops to 45%5%
Ripple's President Monica Long stated in January 2026 that the company has no plans to pursue an IPO in 2026, emphasizing a strong financial position and focus on growth through acquisitions and product development while remaining private.
Discord confidentially files for IPO targeting March 2026 debut
Discord jumps to 63%10%
Discord filed confidentially for an IPO with the SEC, aiming for a public debut in March 2026. This filing confirmed Discord's intent to go public and contributed to market price movements reflecting IPO expectations.
Discord files confidential IPO documents targeting March 2026 debut
Discord surges to 92%39%
Discord confidentially filed for an IPO with the SEC in early January 2026, aiming for a March 2026 public listing. This filing, led by Goldman Sachs and JPMorgan Chase, marked Discord as the first major tech IPO of 2026, signaling a potential revival of the tech IPO market.
Ripple President states no IPO plans for 2026, company remains private
Rippling plunges to 12%38%
Ripple's President Monica Long publicly stated in January 2026 that the company has no plans for an IPO in 2026 and intends to remain a private company. This decision follows a $500 million funding round in late 2025 and reflects confidence in Ripple's financial position without needing public market liquidity.
Discord files confidentially for IPO targeting March 2026 debut
Discord jumps to 65%12%
Discord confidentially filed for an IPO with the SEC in early January 2026, aiming for a public debut in March 2026. This filing, led by Goldman Sachs and JPMorgan Chase, marked Discord as the first major tech IPO of 2026, signaling renewed investor interest in growth platforms.
Databricks closes $4 billion Series L funding at $134 billion valuation
Databricks rises to 51%1%
Databricks announced a $4 billion Series L funding round at a $134 billion valuation, signaling strong institutional support and positioning the company for an eventual IPO. This funding round increased investor confidence in a 2026 IPO, reflected in rising market prices.
Databricks announces $4 billion Series L funding at $134 billion valuation
Databricks plunges to 20%30%
Databricks closed a $4 billion Series L funding round at a $134 billion valuation, signaling strong investor confidence and preparation for a potential IPO. CEO Ali Ghodsi indicated readiness for a public listing when market conditions improve.
Anthropic hires Wilson Sonsini to prepare for IPO in 2026
Anthropic surges to 68%18%
Anthropic officially engaged Wilson Sonsini, a top tech IPO law firm, to prepare for a potential IPO as early as 2026, signaling serious intent and rapid IPO preparation amid strong revenue growth and investor interest.
Anthropic prepares for IPO with legal and banking teams engaged
Anthropic dips to 46%4%
Anthropic began preparations for an IPO by hiring lawyers and engaging investment banks, signaling intent to go public possibly in 2026. This early move increased market speculation and price for Anthropic's IPO outcome.
Anthropic hires law firm to prepare for IPO as early as 2026
Anthropic surges to 62%15%
Anthropic engaged Wilson Sonsini to prepare for an IPO potentially in 2026, signaling early steps toward going public and raising capital for growth. This news increased market confidence in Anthropic's IPO prospects.
Anthropic hires IPO law firm Wilson Sonsini to prepare for 2026 listing
Anthropic jumps to 60%10%
Anthropic officially engaged Wilson Sonsini, a top tech IPO law firm, signaling serious preparations for a 2026 IPO. This move increased market confidence in Anthropic's public offering prospects, contributing to price gains.
Anthropic hires Wilson Sonsini to prepare for 2026 IPO
Anthropic jumps to 60%10%
Anthropic officially engaged Wilson Sonsini, a top tech IPO law firm, to lead its IPO preparations, signaling serious intent to go public in 2026. This marked the start of formal IPO readiness, boosting market confidence in Anthropic's 2026 IPO prospects.
Canva COO signals imminent IPO within next couple of years
Canva's COO Cliff Obrecht stated in November 2025 that an IPO is probably imminent within the next couple of years, fueling market expectations for a 2026 IPO. This announcement increased investor interest and price optimism for Canva's IPO.
WHOOP signals IPO intent with plans to hire 600 employees in 2026
WHOOP announced plans to hire over 600 people in 2026, increasing its workforce by 75%, signaling strong intent to pursue a public listing. This hiring surge and product innovation plans support expectations of an IPO within 12-24 months.
Anthropic begins IPO preparations with Wilson Sonsini law firm
Anthropic engaged Wilson Sonsini to support IPO preparations, signaling intent to go public potentially in 2026. This move increased market expectations for Anthropic's IPO and positioned it as a major AI IPO contender alongside OpenAI.
Whoop CEO signals IPO consideration in 2026
Whoop's founder and CEO Will Ahmed publicly stated in November 2025 that the company is considering going public, signaling early market expectations for an IPO in 2026. This announcement contributed to initial market interest in Whoop's IPO prospects.
Whoop signals IPO within two years after raising $575M at $10.1B valuation
WHOOP plunges to 18%32%
Whoop closed a $575 million Series G funding round in March 2026, tripling its valuation to $10.1 billion and positioning itself for an IPO within two years, as stated by CEO Will Ahmed. This funding round and strategic hiring indicate a clear path toward going public.

































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