BlockBeats News, May 25th. The U.S. tech IPO market saw a new wave of enthusiasm as of today, with companies such as SpaceX, OpenAI, Oura, Anthropic, and Databricks actively preparing to debut on the Nasdaq or NYSE. This IPO frenzy covers various sectors including AI, software, quantum computing, aerospace, defense technology, fintech, consumer health tech, ad tech, as well as fleet/iot platforms. Some companies have already entered the public filing stage, while others are in stealth submission or media spotlight status. Below is a compilation by BlockBeats of the tech companies queuing up for IPO:

Category One: Public Filing / Closer to Listing

These companies have submitted S-1 filings, public registration documents, or have announced plans to list on a trading platform, bringing them closer to an IPO.

SpaceX (proposed ticker: SPCX) submitted public filings on May 20th, targeting a June listing window;

Quantinuum (Honeywell's quantum computing subsidiary, proposed ticker: QNT) publicly filed registration documents on May 8th;

Liftoff Mobile (AI-driven mobile ad platform, proposed ticker: LFTO) re-submitted registration documents on April 17th;
Motive Technologies (AI fleet management platform, proposed ticker: MTVE) is planning to list in 2026, pricing TBD;

Avalara (tax compliance software) as a software IPO candidate still awaits an updated public prospectus.

Category Two: Stealth Submission / Company Announcement

These companies have entered the SEC confidential submission process or made public announcements, but their public prospectuses are not yet visible.

Oura (smart ring wearable health device) submitted its IPO filing confidentially around May 21st, with an estimated valuation of around $11 billion;

Strava (sport social platform) submitted confidentially in January, targeting a 2026 listing;

Relativity (legal data/eDiscovery AI) announced a confidential S-1 submission on March 19th;

L3Harris Missile Solutions (missile/rocket engine business) announced its IPO filing on April 29th;

OpenAI (Generative AI/ChatGPT) is preparing to submit confidentially, with a potential earliest launch window in September.

Category Three: Media Confirmation / High-Profile Watchlist

This category of companies does not have a clear public filing yet and is still in the observation stage, suitable for ongoing tracking.

Anthropic (home to AI flagship product Claude) is expected to IPO no earlier than the second half of 2026 or Q4;

Databricks (data + AI platform) stands out in valuation and business scale, but S-1 filings have not yet been seen;

Lambda (GPU cloud/AI compute leasing) is expected to go public in the 2026-27 window;

Anduril (defense AI/autonomous systems) is a high-valuation defense technology company, with a potential IPO timing in 2026-27;

Additionally, companies like Discord, Cohesity, WHOOP, and others will also need to wait for public filings or further announcements from the companies.