Core Insights - Three major companies, SpaceX, OpenAI, and Anthropic, are expected to go public this year, generating significant investor interest [1] - The combined valuation of these companies is approximately $2.65 trillion, with IPO proceeds projected to reach $160 billion, quadrupling the average from the post-pandemic IPO drought [2] IPO Market Dynamics - NASDAQ is currently leading in the number of IPOs for 2026, with 23 more listings than the New York Stock Exchange [3] - The NASDAQ President highlighted the importance of attracting these companies to the exchange, emphasizing the potential for mega IPOs this year [4][6] - NASDAQ's unique value proposition includes access to the NASDAQ 100 index, which lists all trillion-dollar companies, making it attractive for large-cap IPOs [7] Company Valuations and Strategies - SpaceX is valued at approximately $800 billion, and there are discussions about its potential early inclusion in market benchmarks like the NASDAQ 100 [8][12] - The NASDAQ is considering rule changes that would allow for early entry into the NASDAQ 100 for newly public companies, potentially within 10 days of listing [14] Historical Context and Future Outlook - The IPO market is showing signs of recovery, with an increase in companies ready to go public, rising from 180 to 210 [18] - The overall market backdrop is solid, with favorable GDP growth and a healthy interest rate environment, suggesting that 2026 could surpass last year's IPO activity [19][20] International IPO Trends - There is a growing trend of large IPOs from European and Asian companies entering the US market, attracted by higher valuations and liquidity [21][22]