IPO market returns with new acronym MANGOS
The IPO market is back, and the new acronym MANGOS—including SpaceX, OpenAI, Anthropic, and others—is set to test investors and valuations as half of these companies prepare to go public in the same window.
After the FAANG era, a new acronym is taking over the IPO market: MANGOS, which stands for Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of these companies are heading to public markets in the same window, posing a stress test for investors, valuations, and expectations for public tech companies in 2026.
On this episode of TechCrunch's 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. Topics discussed include AI, AI infrastructure, Apple WWDC, ChatGPT, FAANG, fundraising, Google, IPO, OpenAI, Sam Bankman-Fried, SpaceX, and Waymo.
The podcast is available on YouTube, Apple Podcasts, Overcast, Spotify, and other platforms, and can be followed on X and Threads at @EquityPod.
