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Wave of $15 Billion US IPOs Runs Headlong Into War’s New Phase

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April 13, 2026

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Investment bankers are hitting the road to raise more than $15 billion across initial public offerings in the coming weeks, nervously eyeing market volatility as a standoff with Iran threatens a fragile ceasefire.

The success of a string of deals, led this week by a $2.23 billion IPO for ventilation and filtration systems provider Madison Air Solutions Corp., will be closely watched. Bankers are looking to put choppy performance for recent debutants in the rear-view mirror, clearing a path for the mammoth SpaceX listing expected in June. Michael Ventura, Co-Head of US Equity Capital Markets at RBC joins to discuss with Bailey Lipschultz and Carol Massar on Bloomberg Businessweek Daily.

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Madison Air Solutions CorpJune Michael Ventura Co-HeadUS Equity Capital MarketsBailey LipschultzCarol MassarBloomberg Businessweek DailyWatch Bloomberg Radio LIVEYouTube Weekdays

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Wave of $15 Billion US IPOs Runs Headlong Into War’s New Phase · Bloomberg Podcasts · Sentinel