The U.S. equity market is witnessing a surge in initial public offerings (IPOs) as 160 companies have announced plans to go public, aiming to raise over $120 billion. This marks a significant increase, surpassing the combined total of the previous two years. The influx of new stock is expected to add approximately $1.5 trillion to the U.S. equity market, signaling the end of stock scarcity and a renewed investor appetite for new listings.