IPOs, acquisitions and buyouts are concentrated in a handful of metro areas, with a few blockbuster deals driving much of the total value.
Hover or tap for details; click and hold to keep a description open.
Map of U.S. metro areas with startup exits in Q1–Q3 2026. Circles indicate the number of exits, while color intensity represents total exit value. San Jose has the largest total exit value, driven largely by xAI's February exit, which accounts for more than 80% of the metro area's total. Other clusters of exits appear around New York, Boston, Los Angeles, San Francisco and Washington, D.C. A separate near the Gulf of Mexico represents SpaceX's $1.69 trillion exit in June.