BREAKING
JPMorgan: US Equity Issuance to Hit $1.2T
Net Issuance Jumps Over 500%
2026
200
2027
1200
From De-equitization to Re-equitization
Who Is Driving the Wave
Hyperscalers
Equity + Debt
●
Alphabet, Meta, Microsoft
●
Amazon, Oracle
●
Secondary offerings
Mega IPOs
Pipeline
●
SpaceX ~$85.7B
●
OpenAI, Anthropic
●
Among largest ever
0
B
2026 AI capex
0
T
2027 AI capex
0
T
AI high-grade debt
Largest Cycle Since the 1990s
AI NEWS BLITZ
JPMorgan projects U.S. net equity issuance could surge to about 1.2 trillion dollars in 2027.