Story perspectives

Wall Street Anticipates Tech IPOs Amid Cautious Optimism

4/19/2026

Summary

Story summary

The Jefferies Private Growth Conference in Malibu highlighted a shift in Wall Street sentiment as bankers and founders anticipate IPOs from SpaceX and OpenAI.
The Nasdaq Composite has surged about 10% this month, fueling optimism that tech IPOs could come sooner.
However, startup CEOs remain cautious due to weak recent IPOs, with Figma down over 80%.
Even with hesitation, market rebound pressures founders to act quickly before the opportunity passes.

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Story summary

The Jefferies Private Growth Conference in Malibu highlighted a shift in Wall Street sentiment as bankers and founders anticipate IPOs from SpaceX and OpenAI.
The Nasdaq Composite has surged about 10% this month, fueling optimism that tech IPOs could come sooner.
However, startup CEOs remain cautious due to weak recent IPOs, with Figma down over 80%.
Even with hesitation, market rebound pressures founders to act quickly before the opportunity passes.