Nelson Griggs

Funding the AI Supercycle: IPOs, Liquidity & Growth | Nelson Griggs, Nasdaq | RAISE Summit 2026

Nelson Griggs, Iain Martin

Driven by a resurgence in IPO diversity and massive capital needs for AI infrastructure, the public market is experiencing its most active pipeline in over 25 years, highlighted by SpaceX's historic entry into the NASDAQ 100. Valuation benchmarks have shifted toward profitability and significant revenue scales, prompting a strategic pivot from "growth at all costs" to sustainable models while European tech firms increasingly bypass local exchanges for higher U.S. liquidity. Regulatory adjustments, such as NASDAQ's "fast entry" rules, are accelerating listings for mature mega-caps, setting the stage for a robust flow of billion-dollar offerings through 2026.