Nasdaq has won 59 company listings in 2026 raising nearly $120 billion, while the NYSE has landed 32 raising $20 billion, a gap widened by SpaceX's $86 billion IPO. Nasdaq also changed a rule this year so new listings can join the Nasdaq 100 within about 15 trading days, and it won eight of the quarter's top ten IPOs. Hilton is switching its listing to Nasdaq. The NYSE is responding by rebranding NYSE Chicago as NYSE Texas, and the Texas Stock Exchange is courting companies too.