Tag

Ipos

All articles tagged with #ipos

AI IPO trio eyes trillion-dollar flotations, testing Wall Street's appetite
business3 days ago

AI IPO trio eyes trillion-dollar flotations, testing Wall Street's appetite

SpaceX, OpenAI and Anthropic are lining up blockbuster flotations that could redefine the AI boom, with SpaceX targeting about $75bn in proceeds at a roughly $1.75tn valuation and OpenAI and Anthropic pursuing multi-hundred‑billion valuations as they burn cash while scaling. Backers say enormous pools of capital are ready to absorb large listings, but investors may push back against steep losses and uncertain paths to profitability as the trio’s private-growth dynamics meet public-market scrutiny.

SpaceX IPO Could Spark $20bn Windfall for Early Hedge Fund Investor
business7 days ago

SpaceX IPO Could Spark $20bn Windfall for Early Hedge Fund Investor

SpaceX's upcoming IPO could hand hedge fund D1 Capital Partners about $20 billion at a $1.75 trillion valuation, with Darsana Capital Partners poised for roughly $15 billion; the windfall underscores how hedge funds and other private-market investors are increasingly positioned to reap big returns from private companies before IPOs.

AI surge could thaw the market's de-equitisation shield
opinion9 days ago

AI surge could thaw the market's de-equitisation shield

A Financial Times opinion argues that this bull market has ridden a de‑equitisation backstop—shrinking public equity supply via buybacks and privatisations. Now an AI boom, led by players like OpenAI, Anthropic and SpaceX, could bring sizable public-market supply as these firms explore IPOs with valuations potentially up to $4 trillion, possibly expanding the US equity base by about 6% and weakening the de‑equitisation ‘put’ that has supported prices. Meanwhile, Big Tech’s shift toward heavy AI investment is dampening buybacks, suggesting more public issuance could emerge in coming years.

Ackman narrows IPO target as Pershing Square raises about $5bn
business27 days ago

Ackman narrows IPO target as Pershing Square raises about $5bn

Hedge fund manager Bill Ackman’s second attempt to list Pershing Square USA and its management company is moving forward, having raised about $5bn of a $10bn target as trading is poised to begin. The deal aims to secure perpetual capital and steady fee revenues, but investors remain wary of closed‑end funds. Ackman’s earlier, far larger 2024 bid was scrapped, and this listing relies largely on institutional buyers with some retail participation amid ongoing market volatility that has pressured Pershing Square’s flagship fund.

SpaceX IPO Could Erode Investors’ Safety Net on Day One
business1 month ago

SpaceX IPO Could Erode Investors’ Safety Net on Day One

FT Alphaville warns that SpaceX’s IPO could include a lock-up waiver allowing insiders to dump shares on day one, undermining investor protections and retail investors’ ability to sue under Section 11; experts advocate a short, 90-day lock-up to preserve tracing after Slack v. Pirani, but the SEC has not acted, leaving the largest IPO in history with a weakened safety net.

Prince-backed Swarmer rockets on Nasdaq debut with 520% surge
business2 months ago

Prince-backed Swarmer rockets on Nasdaq debut with 520% surge

Swarmer, a drone-software maker chaired by Erik Prince, surged about 520% on its Nasdaq debut after pricing at $5, opening at $12.50 and closing at $31, giving it a market value around $380 million. Prince joined Swarmer as chair in December 2025 and holds options to buy about 940,000 shares at $6.27, vesting over time and on revenue milestones. The company says its AI can control up to 690 drones per operator and its software has been used by Ukraine’s military since 2024. Swarmer posted roughly $310,000 in revenue for the year and a net loss of about $8.5 million. The IPO comes as the US shifts toward domestic drone production after policy steps curbing foreign-made drones, underscoring growing importance of drone tech in modern warfare.

Ackman Takes Pershing Square Public in Dual IPO Push
business2 months ago

Ackman Takes Pershing Square Public in Dual IPO Push

Bill Ackman is pursuing a dual IPO of Pershing Square Inc. and the Pershing Square USA fund on the NYSE, aiming to raise $5–$10 billion for the fund and list the management company; after a failed 2024 listing attempt, he has about $2.8 billion in institutional commitments, with the structure offering investors shares in the management company and testing public appetite for Ackman’s hedge-fund empire, potentially valuing the operation well above prior highs (well over $10 billion) if demand holds.

Startups Delay Going Public with Alternative Funding
business7 months ago

Startups Delay Going Public with Alternative Funding

Startups are staying private longer due to the rise of alternative capital sources like private equity, venture capital, and private credit, which provide ample funding and reduce the need for IPOs. The median age of companies going public has increased from 10 to 13 years since 2018, with private companies now often reaching higher revenues and valuations before going public. The growth of private markets and digital share marketplaces is also enabling liquidity without IPOs, although this trend may impact future returns for investors.

2025 IPO Revival: Trends, Lessons, and Market Outlook
finance11 months ago

2025 IPO Revival: Trends, Lessons, and Market Outlook

The article reviews notable IPOs over the past 25 years, highlighting successful launches like Google, Visa, Tesla, Salesforce, and Shopify, contrasted with failures such as Pets.com and WeWork, emphasizing that size alone doesn't guarantee success and that business models and market timing are crucial. It also discusses upcoming IPOs like Chime and Klarna, and the evolving role of stablecoins in finance, exemplified by Circle's USDC and its partnerships, signaling a significant shift in digital currency adoption.

"From Wolves to Winners: The IPO Journey of 2023"
finance2 years ago

"From Wolves to Winners: The IPO Journey of 2023"

Small companies like Jin Medical are increasingly choosing initial public offerings over reverse mergers, egged on by a growing group of penny-stock underwriters, brokers, and day traders. The number of penny-stock IPOs has skyrocketed since 2021, with 47 such IPOs in 2023 and a total of 120 from 2021 through 2023. Webull, a diy investor-friendly brokerage, is actively promoting penny stock IPOs, many of which are operating in Asia. However, the risks of manipulation and extreme volatility in thinly-traded microcaps are high, and retail investors' history of investing in penny stock IPOs has not been good.

"Wall Street's 2024 Outlook: Record Stocks, Key IPOs, and Crypto ETF Prospects"
finance-and-business2 years ago

"Wall Street's 2024 Outlook: Record Stocks, Key IPOs, and Crypto ETF Prospects"

As we enter 2024, the stock market is poised for another strong year following a record 2023, with the S&P 500 and Dow Jones nearing all-time highs. The Federal Reserve is expected to start rate cuts, which could further stimulate the market. Mortgage rates are retreating, potentially aiding the spring home buying season. The SEC may approve the first spot Bitcoin ETF, potentially driving cryptocurrency values higher. The IPO market is rebounding, with companies like Shein, Stripe, OpenAI, and SpaceX being ones to watch. Nvidia and Apple had significant gains in 2023, with Nvidia up 239% and Apple nearing a $3 trillion market cap. Lastly, the IRS has updated tax brackets for 2024, signaling changes for taxpayers.