Robust equity market conditions and sustained investor demand for AI infrastructure and growth companies have kept the IPO window open through 2026, with 109 deals raising $146.5 billion by mid-September. SPAC and traditional corporate offerings have continued into early October, including recent pricings and a pipeline of filings for listings later in the quarter. Large proceeds from high-profile names like SpaceX have boosted totals, though some mega-deals face valuation scrutiny and postponements amid rising Treasury yields and AI spending debates. Multiple offerings remain scheduled before year-end, supporting expectations for further activity driven by monetary policy stability and sector trends.