EL7.AI
Stocks•12 June 2026•
2 min read

Goldman's Solomon Predicts M&A Resurgence and Innovation Supercycle

Key Facts

1Goldman Sachs CEO David Solomon addressed 2,500 interns for the 2026 class, highlighting SpaceX and an upcoming innovation supercycle.
2Solomon predicted an increase in M&A activity as markets enter a phase of intense technological growth.

Goldman Sachs CEO David Solomon addressed 2,500 interns for the 2026 class, outlining a strategic vision for the next phase of market evolution. Solomon predicted a significant increase in merger and acquisition (M&A) activity as global markets enter a period of intense technological growth. He specifically highlighted SpaceX as a prime example of the upcoming 'innovation supercycle' that is expected to drive deal-making and investment banking revenues.

Solomon's optimistic outlook comes amid a competitive landscape for major investment banks; per market data, JPM traded at $320.24 on June 12, 2026, while peers MS and BAC stood at $212.66 and $55.16 respectively (as of June 11, 2026 close). This shift toward M&A optimism aligns with industry efforts to rebound from the deal-making drought seen in previous quarters, aiming to capture fees from a new wave of tech-driven consolidations.

Regarding market performance, GS closed at $1035.64 on June 11, 2026, trading within a range of $1000.45 to $1036.92. Investors should monitor whether this strategic confidence translates into actual deal flow in the coming months. With the economic calendar showing a lull in major US data points, the focus remains on corporate sentiment and potential shifts in financing costs that could catalyze the predicted M&A surge.