IPO News

Upcoming and recent IPOs, SPAC mergers, and direct listings. Track new stock market listings, IPO pricing, and first-day trading performance.

Oaktree-Backed ITG Targets $2.67B Valuation in Nasdaq IPO
IPO Michael Okonkwo

Oaktree-Backed ITG Targets $2.67B Valuation in Nasdaq IPO

ITG seeks up to $2.67 billion valuation in Nasdaq IPO, with most proceeds going to debt repayment. High customer concentration and cancellable backlog are key investor concerns.

Lime Targets $180.9M IPO, Uber Stake and Debt Guarantee in Focus
IPO Michael Okonkwo

Lime Targets $180.9M IPO, Uber Stake and Debt Guarantee in Focus

Lime aims to raise up to $180.9 million in its IPO, with Uber potentially purchasing $20 million in shares. Most proceeds will repay a $115 million debt guaranteed by Uber.

UBER LYFT
SpaceX's Thin Float Test: Lessons for Anthropic and OpenAI IPOs
IPO Michael Okonkwo

SpaceX's Thin Float Test: Lessons for Anthropic and OpenAI IPOs

SpaceX stock fell 21% from its peak, highlighting how a tiny tradable supply can cause massive swings, with implications for Anthropic and OpenAI's IPO plans.

SpaceX Stock Slips Amid Profit-Taking and AI Deal Doubts
IPO Michael Okonkwo

SpaceX Stock Slips Amid Profit-Taking and AI Deal Doubts

SpaceX (SPCX) trades at $185, down 18% from its $225.64 high, as profit-taking and debate over the $60 billion Cursor/Anysphere deal weigh on shares.

SpaceX IPO Honeymoon Fades as Lockups, ETF Flows, and Retail Rules Stir Volatility
IPO Michael Okonkwo

SpaceX IPO Honeymoon Fades as Lockups, ETF Flows, and Retail Rules Stir Volatility

SpaceX shares closed at $185 in its first public week, down from a high of $225.64, as ETF flows, lock-up expirations, and retail restrictions add supply concerns.

TSLA ARKK
Israeli Drone Maker UVision Targets $4B Nasdaq IPO Amid Defense Market Shifts
IPO Michael Okonkwo

Israeli Drone Maker UVision Targets $4B Nasdaq IPO Amid Defense Market Shifts

Israeli defense firm UVision Air, controlled by Aaron Frankel, targets a $3.5-4 billion valuation in its Nasdaq IPO set for July or August, aiming to raise $500 million to $1 billion.

JPM
SpaceX ETF Frenzy Sparks Concerns Over Retail Investor Risk
IPO Michael Okonkwo

SpaceX ETF Frenzy Sparks Concerns Over Retail Investor Risk

SpaceX's first week as a public company saw over $10 billion in leveraged ETF trading and record ARK Innovation flows, raising concerns about retail investor risk amid high volatility.

ARKK TSLA RKLB PL ASTS
Kardigan Surges 37.5% in Nasdaq Debut After $400M Upsized IPO
IPO Michael Okonkwo

Kardigan Surges 37.5% in Nasdaq Debut After $400M Upsized IPO

Kardigan closed at $22, up 37.5% from its $16 IPO price, after raising $400 million in an upsized Nasdaq debut, highlighting renewed investor appetite for large biotech IPOs.

SpaceX Shares Stabilize After Sharp Decline, Index Inclusion in Focus
IPO Michael Okonkwo

SpaceX Shares Stabilize After Sharp Decline, Index Inclusion in Focus

SpaceX shares ended Thursday nearly flat at $185, recovering from a 10% intraday drop, as traders eye index inclusion and a possible $20 billion bond offering.

Tech Stock Windfall Creates Tax and Diversification Challenges
IPO Michael Okonkwo

Tech Stock Windfall Creates Tax and Diversification Challenges

SpaceX shares fell over 6% Thursday but are still 30% above $135 IPO price, as tech employees face tax and diversification challenges with concentrated stock wealth.

SPCE
SpaceX Shares Dip 4.85% in First Full-Session Decline Since IPO
IPO Michael Okonkwo

SpaceX Shares Dip 4.85% in First Full-Session Decline Since IPO

SpaceX shares fell 4.85% to $191.82 in premarket trading, their first full-session decline since the IPO, as investors assess valuation, index flows, and a short trading week.

AMZN MSFT
SpaceX Drops 5% in First Full-Session Loss Since IPO
IPO Michael Okonkwo

SpaceX Drops 5% in First Full-Session Loss Since IPO

SpaceX dropped 5% to $192, its first full-session loss since the IPO. The decline came amid a broader market selloff after the Fed signaled a possible rate hike.

AMZN MSFT SPY QQQ