ipo

SpaceX announced a $10 billion collaboration deal with AI coding tool Cursor and an option to acquire it for $60 billion, halting a $2B fundraising round that Andreessen Horowitz, Thrive, and Nvidia had been set to join.

AI chipmaker Cerebras submitted its S-1 for a CBRS listing on April 17, backed by a $20 billion multi-year OpenAI deal and a swing to profitability, after withdrawing its first IPO attempt over a national security review.

SpaceX submitted a confidential draft registration statement to the SEC on April 1, seeking a Nasdaq listing that could value the company at $1.75 trillion and raise $75 billion, more than triple the largest U.S. IPO on record.

The largest private funding round in history values OpenAI at $852 billion, with Amazon, SoftBank, and Nvidia among the backers.

OpenAI discontinues its Sora video generation app, ends a three-year Disney licensing deal, and redirects compute to a new model codenamed Spud ahead of a potential IPO.

The 2026 tech IPO window that bankers predicted would be the busiest since 2021 has opened to near-silence, with Discord, Kraken, and Motive all stalled as a government shutdown hangover clogs the SEC pipeline and investors demand profitability over growth.

Fervo Energy closed a $421 million non-recourse financing package for its flagship Cape Station enhanced geothermal project in Utah, with first power expected in 2026 and an IPO filing reportedly underway.

Crane Harbor shareholders approve SPAC merger with Xanadu Quantum Technologies, clearing the way for a $3.6 billion Nasdaq and TSX listing under ticker XNDU on March 27.