IPO

Colombier Acquisition Corp. III has priced its IPO at $10 per unit, raising $260 million. The special purpose acquisition company’s units will trade on the NYSE under “CLBR U.” Each unit includes a Class A ordinary share and a fraction of a redeemable warrant. The company, a blank check entity, will target businesses where its management team’s expertise offers a competitive edge.

SpaceX is set to acquire Elon Musk’s AI venture xAI in a historic $1.25 trillion deal. This merger creates a massive innovation engine combining AI, rockets, Starlink, and X, with a focus on building “orbital data centers.” The move precedes SpaceX’s planned IPO later this year, aiming to raise up to $50 billion. The consolidation also injects much-needed capital into xAI, which is burning through cash to compete in the AI space.

SpaceX and xAI are merging, signaling Elon Musk’s ambition for a potential $1.25 trillion IPO. This consolidation aims to create a vertically-integrated innovation engine spanning AI, rockets, and internet services, leveraging synergies across Musk’s ventures. The move brings together two high-growth private companies, with SpaceX valued at $800 billion and xAI at $230 billion after recent funding rounds. This integration, following xAI’s merger with X, could face regulatory scrutiny.

Mevo Global Acquisition Corp. II, a SPAC, has raised $300 million through its IPO, trading on Nasdaq under “MEVOU.” The company will focus on acquiring businesses in the critical minerals sector, essential for U.S. economic stability and national security. The IPO included 30 million units at $10.00 each, with full exercise of the over-allotment option. The leadership team, headed by Stephen Silver and Ashley Zumwalt-Forbes, aims to leverage this capital for strategic business combinations in this increasingly vital industry.

York Space Systems recently debuted on the NYSE, opening at $38 under the ticker YSS. The satellite company, which has a strong track record with the U.S. Space Development Agency, aims to contribute to national defense initiatives like “Golden Dome.” CEO Dirk Wallinger highlighted their ability to integrate disparate systems, offering a complete, turnkey solution. The company’s IPO reflects growing investor confidence in the burgeoning space technology sector, bolstered by government investment and anticipated major events like a potential SpaceX IPO.

Muzero Acquisition Corp priced its $175 million IPO at $10 per unit, raising capital for a SPAC targeting tech-enabled companies. Trading begins January 30, 2026, on Nasdaq. The company, led by CEO Von Lam, aims to merge with innovative businesses. An overallotment option could increase funds raised over $200 million.

Databricks has secured $1.8 billion in debt financing, adding to its substantial debt of over $7 billion. This move comes as the data analytics firm, valued at $134 billion after a $4 billion funding round in December, prepares for a potential IPO. With strong revenue growth exceeding 55% year-over-year and over 80% gross margins, Databricks is positioned to fund its expansion and research as it eyes a public debut, potentially in 2026.

AI foundation model developers face intense investor scrutiny this year as they pursue public listings. This period is critical for monetization, pricing power, and compute costs. OpenAI, facing substantial cash burn despite user growth, is particularly exposed. While generating significant revenue, its path to profitability and the sustainability of its business model are under scrutiny. Competitors like Anthropic are also preparing for potential IPOs, navigating a landscape where investor focus shifts from user scale to tangible financial returns.

EquipmentShare has set its IPO price at $24.50 per share, valuing the connected jobsite technology and rental provider at approximately $747.25 million. The company will issue 30,500,000 shares, with an option for underwriters to purchase an additional 4,575,000 shares. Trading is set to begin on Nasdaq under the ticker “EQPT” on January 23, 2026. This offering highlights investor confidence in the growing construction technology sector and EquipmentShare’s integrated T3® platform.

Infinite Eagle Acquisition Corp. has successfully raised $300 million through its IPO, offering 30 million units at $10 each. Trading on Nasdaq under IEAGU, this SPAC is notable for its “warrantless” structure, where units include a share right instead of traditional warrants, potentially appealing to investors seeking to avoid dilution. Backed by experienced investors Harry Sloan, Jeff Sagansky, and Eli Baker, the seasoned management team will seek a business combination across any industry. Goldman Sachs is the underwriter, with a 45-day option for additional units.