IPOX® Associate Lukas Muehlbauer was quoted in Reuters coverage of SpaceX’s expected mega IPO and its implications for the broader listings market. Muehlbauer noted that SpaceX’s scale and valuation make it an unusual test case, while investor appetite remains concentrated in companies tied to strong themes such as AI infrastructure, defense, energy, industrials and biotech. He also discussed how issuers may accelerate IPO plans ahead of the anticipated listing.

IPOX® VP Kat Liu commented on OpenAI’s accelerated IPO plans in Reuters coverage, noting that the resolution of Elon Musk’s legal challenge “removed a major obstacle” and likely gave the company confidence to speed its timeline. Liu also highlighted the significance of OpenAI potentially filing near SpaceX, saying simultaneous filings could prompt portfolio managers to evaluate both companies side by side. Reuters reported that OpenAI is preparing a confidential U.S. IPO filing in the coming weeks amid major AI interest.

IPOX® Associate Lukas Muehlbauer commented in Reuters coverage on Blackstone Digital Infrastructure Trust’s muted market debut after its $1.75 billion IPO. Muehlbauer noted that the timing is crucial because thematic IPO windows can open and close suddenly, adding that strong demand for Cerebras shows the window is currently wide open. He said BXDC could become a template for data center, power or AI infrastructure vehicles, while investors are buying into Blackstone’s execution capability and longstanding sector history.

Reuters reported that EagleRock Land’s NYSE debut delivered a 24.3% gain from its $18.50 IPO price, valuing the Permian-focused landowner at about $3 billion after raising $320.1 million. IPOX® Associate Lukas Muehlbauer was quoted on renewed IPO momentum, noting that demand is strongest for companies tied to artificial intelligence, power demand, energy security and infrastructure. The article highlights continued investor appetite for energy-related listings and broader confidence in new issuance across public markets after several major offerings this week.

Reuters reported that natural gas mineral and royalty business WhiteHawk filed for a U.S. IPO, disclosing a 615% revenue increase in 2025. The article noted renewed investor interest in U.S. energy assets and included commentary from IPOX® Associate Lukas Muehlbauer: “Royalty businesses can be attractive within the sector because they offer exposure to commodity prices and drilling activity without the same spending burden as traditional oil and gas producers.”