FIERCE COMPETITION: How Nasdaq is luring multi-trillion dollar companies

Fox Business | February 11, 2026 at 06:32 AM UTC
Bullish 90% Confidence
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Key Points

  • OpenAI ($800B), SpaceX ($1.5T), and Anthropic ($350B) are on the IPO watchlist for 2026, with Nasdaq actively competing for their listings.
  • Nasdaq is currently leading in IPO activity for 2026, with 33 IPOs compared to NYSE's 10.
  • Nasdaq has filed a consultation to consider rule changes for fast-tracking large companies into the Nasdaq 100 Index, potentially allowing entry as early as 5 days post-listing.
  • Over $4 trillion in market capitalization has transferred from the NYSE to Nasdaq, indicating a trend of companies seeking Nasdaq's platform.

AI Summary

Nasdaq President Nelson Griggs discusses the fierce competition to attract mega IPOs, including OpenAI, SpaceX, and Anthropic, which could collectively total $2.65 trillion in valuation. Goldman Sachs forecasts a quadrupling of US IPO capital to $160 billion in 2026, signaling a strong rebound in the IPO market.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 90%
Consensus Bullish 90%