AI Mega-IPOs Push Bay Area Exit Value Past $300B, Quadrupling All of 2025

The San Francisco Bay Area captured more than $300 billion in expansion-stage company exits in the first half of 2026, dwarfing every other U.S. market as a small group of AI giants went public and cemented Northern California's grip on the country's most valuable liquidity events, according to a new Deloitte and PitchBook report.