FAANG Is Out, MANGOS Is the New Big Tech Acronym
▼ Summary
– SpaceX, Anthropic, and OpenAI are each planning potentially record-breaking IPOs.
– The new group of public companies is being called MANGOS: Meta, Anthropic, Nvidia, Google, OpenAI, SpaceX.
– The acronym MANGOS was proposed by developers on X and is now going viral.
– FAANG is not dead, but Amazon and Netflix are considered less groundbreaking than the new AI-focused companies.
– The article speculates whether MANGOS will power a healthy economy or lead to widespread joblessness.
The tech world is about to witness a major shift in its power structure. With SpaceX gearing up for a record-breaking IPO this Friday, Anthropic preparing for its own highly anticipated public offering, and OpenAI racing to outdo both with what could be an even larger debut, a new group of industry titans is emerging.
If all these offerings proceed as expected, the once-dominant FAANG acronym,representing Facebook (now Meta), Amazon, Apple, Netflix, and Google (now Alphabet),will be replaced by a far more palatable moniker: MANGOS. This new group includes Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX.
As of summer 2026, the direction of the entire tech sector will follow these companies. The new nickname, coined by developer @krishdotdev and @lilscoot on X, has quickly gained viral traction.
This doesn’t mean FAANG is completely obsolete. Amazon and Netflix still wield considerable influence. However, their core businesses,streaming and e-commerce, aside from Amazon’s cloud division,feel less revolutionary compared to the AI and agentic technology firms now poised for dominance.
So, we bid farewell to FAANG and welcome the MANGOS. The hope is that these companies will form the backbone of a thriving economy in the coming autonomous AI era, rather than creating a dystopian future where widespread unemployment and financial ruin become the norm.
(Source: TechCrunch)
