Tag: ipo

SpaceX reportedly planning 2026 IPO with $1.5T valuation target | TechCrunch

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SpaceX reportedly planning 2026 IPO with $1.5T valuation target SpaceX is planning to go public in mid-to-late 2026 and is looking to raise $30 billion at a valuation of around $1.5 trillion, according to a new report from Bloomberg News citing multiple unidentified sources.

That would make it the largest IPO of all time, edging out Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be a bit of a reversal for SpaceX, which previously considered spinning off its Starlink division for an IPO, while keeping the main company private.

Bloomberg’s report comes just a few days after The Information was first to report that Elon Musk’s space company was targeting a late 2026 IPO.

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Reddit plans to launch IPO in March, report says | TechCrunch

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Reddit is preparing to launch its initial public offering (IPO) in March, according to a new report from Reuters. The report notes that the move comes more than three years after the San Francisco-based social media platform first began eyeing an IPO. Reddit is planning to make its public filing in late February and complete the IPO by the end of March.

The company is looking to sell around 10% of its shares in the IPO, and will decide on what IPO valuation to pursue closer to the time of the listing. However, Reuters sources cautioned that Reddit’s IPO plans could potentially be pushed back, which has happened in the past.

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Snapchat shares to begin trading on NYSE | Business Insider

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Snap Inc. will make its debut as a publicly traded company on the New York Stock Exchange Thursday morning.

The parent company of Snapchat priced an initial public offering of 200 million shares at $17 apiece. That raised $3.4 billion for the company and some investors, and gives Snap a valuation of nearly $24 billion.

The stock is currently indicated to open at between $22 and $24 a share, according to price indications at 10:15 a.m. E.T.

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Groupon’s Revised S-1 Offers Hints At Its Profitable Future | Fast Company

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The coverage of Groupon’s revised S-1 filing Wednesday mostly focused on the deep red numbers splashed across the company’s balance sheets. And rightly so. Because as much money as the company is bringing in, it’s still a ways from making a profit.

And yet, sprinkled among the revisions to the document were other interesting tidbits–ones that speak to where the company is going. And, if looked at in the right light, they could hint at a more promising future than some might think.

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