---
title: "Renaissance Capital's 2Q 2026 US IPO Market Review"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290712060.md"
description: "The US IPO market concluded Q2 2026 with a record $104.9 billion raised across 48 deals, driven by SpaceX's historic $75 billion listing at a $1.7 trillion valuation. This single deal exceeded the total proceeds of all prior US IPOs in the previous two years combined. Excluding SpaceX, the quarter remained the strongest since 2021, supported by nine other offerings exceeding $1 billion, including AI chipmaker Cerebras."
datetime: "2026-06-24T15:09:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290712060.md)
  - [en](https://longbridge.com/en/news/290712060.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290712060.md)
---

# Renaissance Capital's 2Q 2026 US IPO Market Review

**IPO Market Caps Off a Strong 2Q with SpaceX’s Historic Deal**

The IPO market staged a quick recovery from the first quarter’s spike in volatility, as 48 IPOs raised a record-breaking $104.9 billion in the 2Q, led by SpaceX’s largest-ever deal. The company raised $75 billion, more than all US IPOs from the prior two calendar years combined, and commanded a $1.7 trillion market cap at listing, immediately making it one of the largest public companies on US exchanges. SpaceX rose 19% on day one, easing concerns of a too-hot or too-cold debut, though aftermarket trading was still volatile. Even without the headline deal, the 2Q would have been the biggest quarter for IPO proceeds since 2021, driven by a steady flow of very large deals; nine other IPOs raised $1+ billion, led by AI chipmaker Cerebras. Earlier themes remained prevalent among the quarter’s deals, namely...

**Get a Preview of our 2Q 2026 US IPO Review**
**For the full report, sign up for a free 7-day trial of IPO Pro.  
**To automatically get previews of special reports in the future, sign up for **our newsletter**.

### Related Stocks

- [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md)
- [CBRX.US](https://longbridge.com/en/quote/CBRX.US.md)
- [CBRG.US](https://longbridge.com/en/quote/CBRG.US.md)
- [CBRZ.US](https://longbridge.com/en/quote/CBRZ.US.md)

## Related News & Research

- [4 reasons short sellers should think twice before betting against SpaceX](https://longbridge.com/en/news/290594164.md)
- [Cerebras posts rise in quarterly revenue in first report post-IPO](https://longbridge.com/en/news/290607907.md)
- [The SpaceX IPO is over. History says investors should do this next.](https://longbridge.com/en/news/290470711.md)
- [SpaceX stock climbed 23% in its first week of trading. Here's where the stock price will be 1 year from now, according to history](https://longbridge.com/en/news/290409332.md)
- [The SpaceX IPO should help Rivian. Here's how.](https://longbridge.com/en/news/290429523.md)