AI IPO Boom Strains Banks as Valuations Keep Climbing
Monday, July 20, 2026 · 11 min
Goldman Sachs and Morgan Stanley now sit atop the SpaceX, Anthropic and OpenAI IPO mandates, raising information-barrier and allocation questions as Databricks, Moonshot AI and DeepSeek feed the same valuation boom with fresh private-market and listing signals.
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Goldman Sachs and Morgan Stanley now sit atop the SpaceX, Anthropic and OpenAI IPO mandates, raising information-barrier and allocation questions as Databricks, Moonshot AI and DeepSeek feed the same valuation boom with fresh private-market and listing signals.
In this episode
- Mega-IPO Glut Creates Containment Problem for Goldman, Mo... — Financial Times
Mega-IPO Glut Creates Containment Problem for Goldman, Mo... ### Mega-IPO Glut Creates Containment Problem for Goldman, Morgan Stanley Financial Times Companies • July 17, 2026 at 1:30 AM ET Goldman Sachs and Morgan Stanley have secured joint lead status on all three major 2026 tech IPOs: SpaceX, Anthropic, and OpenAI. This dominance creates a containment problem as banks erect Chinese walls…
- Databricks Nears A $188 Billion Valuation In New Round - Finimize — Finimize
Databricks Nears A $188 Billion Valuation In New Round - Finimize Free Newsletter Free Newsletter Research News Guides Markets For Business Bookmarks ### Meet the 2026 UK winners The Finimize Awards # Databricks Nears A $188 Billion Valuation In New Round The data analytics firm signed a term sheet for a strategic raise led by Coatue, building on its $134 billion valuation earlier…
- Moonshot plans to list in Hong Kong within six months at a $30 billion valuation — The Next Web
Moonshot plans to list in Hong Kong within six months at a $30 billion valuation Image by: Moonshot AI / Kimi #### TL;DR Moonshot AI is preparing a Hong Kong IPO within six months at $30B+. ARR hit $300M. The Kimi K3 model, which matched US frontier labs, accelerated the timeline. Moonshot AI has told investors it is preparing to list in Hong Kong in as soon as six months, Bloomberg reported…
- A luggage maker’s filing just pinned DeepSeek at $52bn — The Next Web
A luggage maker’s filing just pinned DeepSeek at $52bn Image by: Shutterstock The most precise figure yet attached to DeepSeek’s worth did not come from the lab, its bankers or its founder. It surfaced in a stock-exchange filing by Anhui Korrun, a Chinese luggage maker, which discloses a stake small enough to imply the Hangzhou AI startup is valued at around $52bn. The arithmetic is narrow…
- PE firms are rushing to offload post-IPO shares - PitchBook — PitchBook
PE firms are rushing to offload post-IPO shares - PitchBook Featured image by Josie Doan/PitchBook News IPO # PE firms are rushing to offload post-IPO shares ## More sponsors are selling down their stakes within months of portfolio companies’ debuts. For some, the rush to return cash to investors raises questions about conviction. July 17, 2026 | By Madeline Shi Josie Doan/PitchBook…