IPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy

IPO activity is expected to surge in 2026, with SpaceX and OpenAI attracting investor interest. However, caution is warranted. While increased initial public offerings signal market optimism, many new listings historically underperform due to inflated valuations and disappointing financial results. Investors should conduct thorough due diligence before committing capital to hyped debuts.