Global M&A/IPO Market Active: From SpaceX Listing to EQT AI Investment

M&A/IPO | Sat Jul 04 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 5 sources

Deal activity expanded with SpaceX's record-breaking IPO, EQT's AI infrastructure investment, and GFL's take-private review.

Analysis

[SpaceX] executed largest-ever IPO followed by congressional member purchase disclosures ^[5]

• Listed June 12 with market cap exceeding $2 trillion
• Raised approximately $75 billion in the largest IPO ever
• Purchase disclosures from families of Representatives Dan Meuser and Gil Cisneros

[Canada Pension Plan Investment Board] invested $1.75 billion in EQT AB's AI infrastructure buildout ^[1]

• Aimed at supporting AI infrastructure buildout
• $1.75 billion commitment

[O'Reilly Automotive] proposed cash acquisition of Genuine Parts' automotive parts division ^[2]

• Targeting Genuine Parts' automotive parts segment
• Cash bid submitted
• Genuine Parts pursuing strategy to focus on industrials business

[GFL Environmental] reviewing take-private deal amid private equity interest ^[3]

• Acquisition interest from multiple buyout firms
• Take-private transaction under review

[Jersey Mike's] grew profitability ahead of IPO ^[4]

• In preparation stage for listing
• Confirmed profit growth trend

Sources

• [1] CPP Invests $1.75 Billion in EQT’s AI Buildout - Bloomberg Markets
• [2] Genuine Parts Said to Receive O’Reilly Interest in Auto Unit - Bloomberg Markets
• [3] GFL Environmental Weighs Take-Private Amid Interest From Buyout Firms - Bloomberg Markets
• [4] Jersey Mike’s Stacks Up Profit Prior to IPO - Yahoo Finance
• [5] First known congressional SpaceX stock buys surface after record IPO - CNBC World Markets