Search results for U.S. IPO
AI & Enterprise
SpaceX, OpenAI and Anthropic set stage for three mega IPOs
SpaceX, OpenAI and Anthropic are moving toward listings months apart, setting up a mega IPO rush with a combined valuation of about $2.9 trillion. SpaceX is seen as moving first, with a possible June target. Analysts warn that if the three list around the same time, the IPO market could face a supply shock requiring hundreds of billions of dollars in funding absorption in a single quarter. Valuations and losses are key variables.
Finance
SpaceX IPO draws mixed views, with 31 percent ready to buy immediately
Market attention is focusing on the prospect of a SpaceX initial public offering after reports it filed an S-1 registration statement confidentially with the U.S. SEC. Cryptopolitan, citing Bloomberg, reported the company is targeting a mid-2026 listing and a valuation of at least $1.75 trillion, with fundraising of more than $75 billion also being discussed. A survey showed 31.1 percent would buy immediately, while others cited valuation and xAI-related financial risks.
Crypto
BitGo shares surge after IPO then drop, reflecting crypto market volatility
Digital asset custodian BitGo experienced a sharp reversal on its first day trading on the New York Stock Exchange. The stock opened 25 percent above its $18 IPO price but later fell 13.4 percent as profit-taking hit the shares. Cointelegraph said the listing reflects uncertainty in the cryptocurrency market and calls for investor caution. BitGo was valued at $2 billion at the offer price and manages more than $90 billion in assets.