As the tech world hurtles towards a frenzied year of Initial Public Offerings (IPOs), one question dominates the minds of investors and analysts alike: will we witness the emergence of 'hectocorns', companies valuing over $100 billion, in 2026? The term was first coined to describe unicorns – tech startups valued at more than $1 billion – but this year's prospects promise even greater riches.
Several US and European companies are said to be poised for a debut on the stock market, including OpenAI, Anthropic, SpaceX, Stripe, and Databricks. These firms have attracted considerable attention in recent years due to their innovative approaches to artificial intelligence (AI), space exploration, online payments, and data analytics.
The success of these IPOs will not only determine the fate of investors but also influence concerns about the AI race and whether market euphoria is merely a bubble waiting to be burst. Analysts caution that geopolitical uncertainty – including Trump's latest tariff threats against European allies over Greenland – could impact investor sentiment.
Among those likely to benefit from this tech boom are employees of these companies, who may receive substantial payouts if their shares increase in value upon listing. For instance, employees aligned with the effective altruism movement at Anthropic may see a surge in donations if they cash out.
Companies like Kraken, which operates as one of the world's largest crypto exchanges, and Databricks, a leader in AI-powered data analytics, are also vying for attention in 2026. These firms have made significant strides in recent years, with Databricks boasting revenue growth of over 55% last year.
A handful of Australian tech firms are also set to make their mark on the global stage, including Canva, a software design company that has attracted a large following among creative professionals and users worldwide.
As we head into this pivotal year for tech IPOs, investors will be closely watching companies like Anduril, which boasts close ties with the Trump administration, as well as Monzo, an online bank poised to make its market debut.
The prospects for these companies are undeniably exciting – but they also carry risks. Will the hype surrounding these IPOs prove sustainable, or are we witnessing a speculative bubble waiting to be burst? Only time will tell, but one thing is certain: 2026 promises to be a thrilling year for tech enthusiasts and investors alike.
Several US and European companies are said to be poised for a debut on the stock market, including OpenAI, Anthropic, SpaceX, Stripe, and Databricks. These firms have attracted considerable attention in recent years due to their innovative approaches to artificial intelligence (AI), space exploration, online payments, and data analytics.
The success of these IPOs will not only determine the fate of investors but also influence concerns about the AI race and whether market euphoria is merely a bubble waiting to be burst. Analysts caution that geopolitical uncertainty – including Trump's latest tariff threats against European allies over Greenland – could impact investor sentiment.
Among those likely to benefit from this tech boom are employees of these companies, who may receive substantial payouts if their shares increase in value upon listing. For instance, employees aligned with the effective altruism movement at Anthropic may see a surge in donations if they cash out.
Companies like Kraken, which operates as one of the world's largest crypto exchanges, and Databricks, a leader in AI-powered data analytics, are also vying for attention in 2026. These firms have made significant strides in recent years, with Databricks boasting revenue growth of over 55% last year.
A handful of Australian tech firms are also set to make their mark on the global stage, including Canva, a software design company that has attracted a large following among creative professionals and users worldwide.
As we head into this pivotal year for tech IPOs, investors will be closely watching companies like Anduril, which boasts close ties with the Trump administration, as well as Monzo, an online bank poised to make its market debut.
The prospects for these companies are undeniably exciting – but they also carry risks. Will the hype surrounding these IPOs prove sustainable, or are we witnessing a speculative bubble waiting to be burst? Only time will tell, but one thing is certain: 2026 promises to be a thrilling year for tech enthusiasts and investors alike.