Chipmaker Cerberus (CBRS) debuted this week as 2026’s biggest IPO yet, and the listing is likely just a warm-up act for what could be a blockbuster IPO year.

Cerberus priced shares for its initial public offering at $185 late Wednesday after an upsized raise of $5.6 billion. Investors hungry for AI equities propelled the stock 68% higher on Thursday, though it dropped 10% on Friday.

But the Nvidia competitor wasn’t alone in raising over $1 billion this week.

The same day, Blackstone rolled out the Blackstone Digital Infrastructure Trust Inc (BXDC). It’s focusing on acquiring AI data center assets that it can lease to major tech firms. Shares for the real estate investment trust fell following a $1.75 billion raise. The vehicle hasn’t yet acquired any assets.

Earlier this week, Texas-based geothermal Fervo Energy (FRVO) scored the title as the biggest renewable energy IPO ever after bringing in $1.89 billion in proceeds.

From AI to aerospace and energy, this year’s class of major IPOs is all about “early stage companies taking big swings at large markets,” said Matthew Kennedy, a senior strategist with Renaissance Capital.

US IPO proceeds so far this year amount to $28.4 billion, according to Renaissance data. And the number is expected to be dwarfed if all three of the most hotly anticipated private juggernauts — AI model makers Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) and rocket company SpaceX (SPAX.PVT) — all debut this year.

If not core to the artificial intelligence boom, most of the companies on tap for IPO this year need to show they’re resistant to AI disruption. Generally, “the software sector still does not qualify,” added Kennedy.

Here are the top potential IPOs in 2026:

1. SpaceX: Elon Musk’s rocket and satellite company is now planning to go public on June 12, according to a Wall Street Journal report. It hasn’t shared the size of its offering or a valuation, but it’s reportedly aiming for a $1.75 trillion valuation and a $75 billion raise.

2. Anthropic: The Claude maker is targeting a public listing as soon as October. The company is looking to raise a fresh $30 billion at a $900 billion valuation, according to the Financial Times. No official date or paperwork has been filed with the Securities and Exchange Commission.

3. OpenAI: AI’s biggest model maker might join the IPO gold rush in the fourth quarter in a race with rival Anthropic. But investors have reason to doubt the 2026 timeline. Last month, the Wall Street Journal reported that the company missed its own revenue targets. The company is still in a court battle with Elon Musk. CFO Sarah Friar has also cautioned that OpenAI isn’t ready to be a public company, according to The Information. It recently raised $122 billion at a $852 billion valuation in a funding round.

4. Inspire Brands: The Atlanta-based group owns Dunkin’ and Buffalo Wild Wings. It was formed by Roark Capital in 2018 and confidentially filed to go public last week. It’s seeking to raise up to $2 billion at a valuation of roughly $20 billion, according to reports from Bloomberg and CNBC.

5. Discord (DISO.PVT): The venture capital-backed social media platform confidentially filed with the SEC in early 2026, according to a Bloomberg report.It hasn’t set an official date for listing or a valuation, though it was last valued at $15 billion in 2021.