TechCrunch: MANGOS and the Return of IPO Summer
TechCrunch AI2 days agoBusinessTechCrunch argues that the IPO market is heating up again, but the companies defining the moment are no longer the classic FAANG names. The piece introduces “MANGOS”: Meta or Microsoft, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Its core point is that several of these high-profile AI and technology companies are testing public-market appetite, valuations, and investor confidence at the same time.
S&P 500 Rejects SpaceX, Also Blocking OpenAI and Anthropic
Ars Technica AI9 days agoBusinessS&P Dow Jones Indices will not shorten the 12-month seasoning period for newly public companies or waive profitability and public-float requirements based on size. That blocks a fast path into the S&P 500 for SpaceX after an IPO, and would also affect OpenAI and Anthropic if they list. The decision delays potential passive-fund buying and signals that high valuations alone will not override traditional index rules.