It's Hot IPO Summer, and the MANGOS Are Ripe

The IPO market is heating up again, but the companies leading the charge look very different from the last wave. FAANG dominated for years, but a new acronym is taking over in 2026: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of those companies are heading to public markets in the same window, creating a major stress test for investors, valuations, and what we can expect from a publicly traded tech company this year. 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. Listen to the full episode to hear: - Why Apple’s biggest WWDC announcement might matter less than how they showed it — and what a $250 million false ad settlement had to do with the change. - How Waymo turned Apple’s abandoned self-driving car dream into its next proving ground. - What a $920 million-per-month compute deal between Google and SpaceX says about who’s leading the AI infrastructure race. - How Sam Bankman-Fried’s pardon request to Trump and a new Zuckerberg biopic ended with the Equity team getting cast by ChatGPT. Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify, and all major podcast platforms. You can also follow Equity on X and Threads at @EquityPod. --- *This episode is available now on all major podcast platforms.*

via TechCrunch AI