As the world teeters on the brink of a new tech bubble, several US and European companies are poised to make history by floating onto the stock markets at valuations over $100 billion. Dubbed the "hectocorns" due to their astronomical valuations, these companies could set the tone for the global economy in 2026.
At the forefront of this AI-driven frenzy is OpenAI, a San Francisco-based company synonymous with artificial intelligence that has sparked widespread public interest with its ChatGPT chatbot. Founded by Elon Musk and Sam Altman, OpenAI boasts a valuation of $500 billion, with some experts predicting it could reach a staggering $1 trillion if it successfully goes public.
Another behemoth on the cusp of flotation is Anthropic, which also specializes in AI technology and has received significant investment from top tech firms like Microsoft. Its valuation currently stands at $350 billion, making it one of the most likely contenders for the "hectocorn" title.
SpaceX, Elon Musk's ambitious aerospace company, is reportedly on track to become the first company to reach a $100 billion valuation when it goes public. While its IPO timeline remains uncertain, analysts predict that investors will flock to the company as geopolitical tensions and technological advancements converge.
Beyond AI giants, Databricks, a cloud-based platform that enables businesses to build data-intensive applications using AI, is also poised for a high-profile flotation. With a revenue growth rate of over 55% last year, its valuation has skyrocketed to $134 billion.
The fintech sector is also getting in on the action, with Monzo, an online bank operating entirely through a mobile app, reportedly working with Morgan Stanley to meet investors before a 2026 IPO. Meanwhile, Bolt, the Estonian rival to Uber, is considering listing in either the EU or the US after a difficult few years marked by significant losses.
Last but not least, Stripe, a payment processing company founded by Irish brothers Patrick and John Collison, has bounced back from a $50 billion valuation in 2023 to reach an astonishing $107 billion. While its spokesperson declined to comment on the possibility of an IPO, analysts predict that the company's fintech expertise will make it an attractive asset for investors.
As these companies prepare to take their place among the tech elite, experts warn that the success or failure of their flotations could have significant implications for the global economy and the AI market. Will the resulting market mania be a bubble waiting to burst, or will the technology truly revolutionize industries and transform lives? Only time will tell, but one thing is certain β 2026 is shaping up to be an eventful year in the world of tech.
At the forefront of this AI-driven frenzy is OpenAI, a San Francisco-based company synonymous with artificial intelligence that has sparked widespread public interest with its ChatGPT chatbot. Founded by Elon Musk and Sam Altman, OpenAI boasts a valuation of $500 billion, with some experts predicting it could reach a staggering $1 trillion if it successfully goes public.
Another behemoth on the cusp of flotation is Anthropic, which also specializes in AI technology and has received significant investment from top tech firms like Microsoft. Its valuation currently stands at $350 billion, making it one of the most likely contenders for the "hectocorn" title.
SpaceX, Elon Musk's ambitious aerospace company, is reportedly on track to become the first company to reach a $100 billion valuation when it goes public. While its IPO timeline remains uncertain, analysts predict that investors will flock to the company as geopolitical tensions and technological advancements converge.
Beyond AI giants, Databricks, a cloud-based platform that enables businesses to build data-intensive applications using AI, is also poised for a high-profile flotation. With a revenue growth rate of over 55% last year, its valuation has skyrocketed to $134 billion.
The fintech sector is also getting in on the action, with Monzo, an online bank operating entirely through a mobile app, reportedly working with Morgan Stanley to meet investors before a 2026 IPO. Meanwhile, Bolt, the Estonian rival to Uber, is considering listing in either the EU or the US after a difficult few years marked by significant losses.
Last but not least, Stripe, a payment processing company founded by Irish brothers Patrick and John Collison, has bounced back from a $50 billion valuation in 2023 to reach an astonishing $107 billion. While its spokesperson declined to comment on the possibility of an IPO, analysts predict that the company's fintech expertise will make it an attractive asset for investors.
As these companies prepare to take their place among the tech elite, experts warn that the success or failure of their flotations could have significant implications for the global economy and the AI market. Will the resulting market mania be a bubble waiting to burst, or will the technology truly revolutionize industries and transform lives? Only time will tell, but one thing is certain β 2026 is shaping up to be an eventful year in the world of tech.