OpenAI, IPO
Digest more
The company's ability to carry out its stock pricing plan depends on demand, and that will be clear when the final IPO price is set on June 11
SpaceX is targeting a debut on the Nasdaq in early June.
On the heels of last week’s proposals from the SEC on “registered offering reform” and “filer status reform,” SEC Chairman Paul Atkins delivered
Opinion: Testing-the-waters communications allow companies, founders and sponsors to confidentially assess investor interest in a potential IPO, writes McDermott's Craig Garvey.
By Greg Bensinger SAN FRANCISCO, June 3 (Reuters) - Beware the ghosts of IPOs past. SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind.
Claude creator Anthropic has overtaken OpenAI in the listing race just days after a raise set its value at $965 billion.
SpaceX’s IPO markets are showing high expectations. The market for SpaceX’s IPO closing market cap above $1T is priced at 98.9% YES. For a cap above $1.8T, the market is at 80.5% YES. Markets appear to reflect strong confidence in a significant raise.
For most highly anticipated IPOs, an oversubscription rate of two times is regarded as modest. However, with SpaceX ( SPCX) positioned for what could be the biggest-ever listing, bankers and investors argue that the demand remains impressive.
ChatGPT creator OpenAI became the third major artificial intelligence developer to confidentially file for a public listing Monday, joining rivals in an IPO pipeline now worth some $3.6 trillion.