… The news of OpenAI’s potential IPO, which by all accounts should be a blockbuster, comes as the world awaits the public disclosure of SpaceX’s IPO filings, which are expected to appear as soon as Wednesday, according to reports. …
SpaceX lifted off on its first day as a public company , immediately jumping to $150 a share after it began trading on the Nasdaq, around 11% higher than the $135 figure at which it officially priced its IPO on Thursday. …
… You’re going to see, perhaps, multiple private companies getting into the trillions in valuation before the IPO — before retail investors can participate,” he said. …
… Now it’s seeking $157 million in a Nasdaq IPO at $24 to $26 a share. You can see my confusion. Turns out the previous public listing was public in name only. …
… The confidential IPO filing allows OpenAI to start its preparation for a public offering without publicly disclosing detailed financial information or business risks, which is why the company hasn’t shared stock pricing or how much it hopes to raise yet. …
… That makes SpaceX officially the largest IPO in history, easily eclipsing the $24.9 billion in funds raised by Saudi Aramco during its 2019 public markets debut. …
… And while SpaceX is now going to have public shareholders, Musk will enjoy immense power as the company pursues what it calls the largest addressable market in history. …
Italian app studio Bending Spoons , which has acquired businesses like Eventbrite , Vimeo , and WeTransfer in recent years, has filed to go public in the U.S. The company joins other names like SpaceX and Anthropic that are preparing to IPO this summer. …
… That’s worth pausing on: Zepto’s public-market valuation remains uncertain, and some mutual funds and family offices that reviewed the company ahead of the IPO have indicated valuations well below its last private round, according to people familiar with the matter. …
… The Nvidia competitor, which designed its giant chip from scratch, purpose-built for AI, had first filed to go public in 2024. But concerns about a large investment from Abu Dhabi-based Group 42 mired the IPO in an endless review from the Committee on Foreign Investment in the United States CFIUS . …
