Jon Gray of Blackstone predicts a breakout year for US IPOs in 2026 due to friendlier regulations, lower interest rates, and high-profile companies like SpaceX and OpenAI preparing to go public. Market momentum has been building since last year’s successful Medline IPO. Gray expects further rate cuts and growth in private credit. Despite optimism, valuation mismatches and geopolitical risks could limit IPO growth. Gray also sees private credit thriving and filling financing gaps in various sectors. Overall, 2026 may bring a new equity cycle with improved transparency and increased liquidity opportunities.

Read more at Quiver Quantitative: Blackstone’s (BX) Jon Gray Says 2026 Will Be the Year IPOs Roar Back