Primary Markets Group June 2026 U.S. IPO Update

The U.S. IPO market shattered records in June 2026, propelled by the ‘out of this world’ debut of Space Exploration Technologies Corp. (SpaceX) (SPCX). The month saw 19 IPOs raising a staggering $97.9 billion, which was a dramatic increase from the $13.1 billion raised across 12 deals in May and the $4.2 billion across 10 IPOs in June 2025. Looking at pricing performance, the best first-day performance came from healthcare firm Parabilis Medicines, Inc., which increased 58.0% after pricing its offering above its initial filing range.