initial public offering

Anthropic's move toward a public listing is putting a rare corporate structure in the spotlight: a Silicon Valley heavyweight built not just to maximize shareholder value, but to balance profit with a legally defined public mission. The AI company, best known for its Claude chatbot, is organized as...

For decades, Silicon Valley sold investors a familiar myth: great companies emerged from garages, dorm rooms, and brilliant founders. The government played a supporting role, if any role at all. But as two of the most anticipated IPOs in history approach, Anthropic and SpaceX exemplify the next...

Anthropic has confidentially filed a draft Form S-1 with the U.S. Securities and Exchange Commission, giving the artificial intelligence company the option to go public after the SEC completes its review. Anthropic said it has not yet determined how many shares it would sell or what price it would...

SpaceX has reportedly submitted a draft initial public offering (IPO) registration to the U.S. Securities and Exchange Commission (SEC). According to Bloomberg, SpaceX is targeting a June listing with a valuation of more than $1.75 trillion, making it the largest IPO in history, surpassing Saudi...

Citigroup Inc. (NYSE:C) has been added to the list of banks preparing Elon Musk's SpaceX initial public offering (IPO), according to Bloomberg. The company is reportedly preparing to confidentially file for an IPO as soon as next month, targeting a June listing that could raise up to $50 billion,...

Singapore-headquartered data center operator DayOne is aiming for a valuation of up to $20 billion for its upcoming U.S. initial public offering (IPO), a significant jump from the company's previous funding rounds. Deliberations are understood to be ongoing, though sources familiar with the matter...

Shares of digital physical therapy firm, Hinge Health (NYSE:HNGE) made a strong debut on the New York Stock Exchange on Thursday. What Happened: The San Francisco-based digital physical therapy firm saw its shares surge in initial trading following a successful IPO. Hinge Health, which was...

CoreWeave's rapid rise in the AI cloud space has made its upcoming IPO one of the most anticipated in tech. CoreWeave plans to trade its shares on the Nasdaq under the ticker symbol ‘CRWV.’ But beneath the excitement, there are risks investors shouldn't overlook—especially as insiders...

Trustly, a Swedish fintech firm backed by BlackRock Inc. (NYSE:BLK) has reported a 51% increase in operating profit for 2023. Despite this, CEO Johan Tjarnberg stated that an IPO is at least two years away. What Happened: Trustly’s revenue for 2023 reached $265 million, with significant...

As he nears his 90th birthday, Italian fashion titan, Giorgio Armani, has indicated potential shifts in the future of his fashion empire, including the possibilities of a merger or an initial public offering (IPO). In a conversation with Bloomberg, Armani did not rule out the possibility of his...

If SpaceX were to go public next week it would command a valuation of somewhere in the region of $175 billion and likely have institutional and private investors clamoring for a slice of the initial public offering. That heady valuation is based on sales of insider shares sold on the secondary...

As the most eagerly anticipated initial public offering so far this year, shares in Reddit Inc. (NYSE:RDDT) got off to a blistering start, adding 62% to the $34 IPO price to trade at $55 in opening exchanges. It was a milestone moment for the 19-year old social media platform, founded by Steve...

Sweden-based private equity group EQT announced on Tuesday its largest-ever fundraising with 22 billion euros ($24 billion) in total commitments for its flagship EQT X fund. This exceeded the company’s target size of $21.6 billion and represented one of the largest private equity funds ever...

After a subdued couple of years that followed a stellar performance in 2021, the market for initial public offerings (IPOs) is expected to recover some ground in 2024. The market for new listings was, during 2022 and 2023, hit by rising inflation and interest rates, which raised funding costs and...

Circle Internet Financial, the entity responsible for the prominent stablecoin USDC (CRYPTO: USDC), announced its confidential filing for an initial public offering (IPO) in the United States. This move aligns with the company's ambition to transition into a publicly traded entity, Reuters...