SpaceX and Anthropic Join the List: 'MANGOS' Rise as 'FAANG' Fades

Meta, Anthropic, Nvidia
Google, OpenAI, SpaceX and Four Others

There are observations that the era of 'FAANG' is coming to an end, and 'MANGOS', which includes SpaceX and Anthropic, will lead the direction of the technology industry.

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According to U.S. IT media outlet TechCrunch on June 9 (local time), the future technology industry will be led by MANGOS. This acronym combines the first letters of six companies: Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX.

Compared to the original FAANG group, Amazon, Apple, and Netflix have been excluded, while Anthropic, Nvidia, OpenAI, and SpaceX have joined. TechBuzz pointed out that this change signifies a shift in power within the tech industry from social networking services (SNS) and e-commerce giants to artificial intelligence (AI) and space economy companies.

TechCrunch also reported that Amazon and Netflix, which were excluded from the new list, may no longer be seen as innovative sectors as they once were, especially when compared to AI companies or agent-based AI companies. This applies to their streaming service and e-commerce businesses (excluding Amazon's cloud business).

The three newly crowned companies are all preparing for initial public offerings (IPOs). SpaceX is scheduled to be listed on the U.S. stock market on June 12, while both Anthropic and OpenAI are also reportedly working toward IPOs within the year.

Meanwhile, SpaceX, led by Elon Musk, is expected to raise the largest IPO proceeds in the history of the U.S. stock market. The offering price is set at $135 per share, and the estimated corporate value is about $1.77 trillion (approximately 2,700 trillion won). According to foreign media reports, even before listing, orders have already amounted to more than three to four times the available shares, exceeding $250 billion.

This content was produced with the assistance of AI translation services.