The Globe and Mail reports in its Tuesday edition that two significant IPOs are expected to debut on U.S. markets -- medical supplies producer Medline Industries LP and tax adviser Andersen Group Inc. The Globe's Andrew Willis writes that the two stock sales will cap off what is expected to be a $40-billion crop of U.S. initial public offerings in 2025 (all figures U.S.). There could be a flood of offerings in 2026. Look forward to hearing all sorts of noise around an IPO from Elon Musk's SpaceX, which could value the company at $1.5-trillion. Bay Street, mired in year four of a moribund IPO market, is taking note. Before the holidays, Canadian bankers are pitching private domestic companies that could potentially go public on taking the plunge in the new year. In May, Onex signalled it could take WestJet public in the near future after selling a 25-per-cent stake in the carrier for $550-million. With the Toronto Stock Exchange hitting record highs, owners of those businesses are open to pitches, even though this year's handful of IPOs offered mixed results. Go Residential REIT went public at $15 a unit in July and now trades at $11. Rockpoint Gas Storage, however, sold shares at $22 each that are now trading for $27.