IPO News
Upcoming and recent IPOs, SPAC mergers, and direct listings. Track new stock market listings, IPO pricing, and first-day trading performance.
Robinhood Surges as IPO Underwriting Nod Opens New Revenue Streams
Robinhood shares jumped 3% to $86.36 as the broker gains approval to underwrite IPOs, moving closer to Wall Street's core. The move comes as SpaceX's IPO draws massive retail demand and CFTC weighs event contract regulations.
SpaceX IPO Draws Record $250 Billion in Orders, Priced at $135
SpaceX's $75 billion IPO is 3.5x oversubscribed with $250 billion in orders, priced at $135 a share for a $1.75 trillion valuation. Starlink growth offsets a $4.94 billion net loss and 94x price-to-sales ratio.
Parabilis Medicines Rockets 58% in Nasdaq Debut After Record $670M IPO
Parabilis Medicines (PBLS) closed at $31.60 on its first trading day, a 58% jump from the $20 IPO price, after raising $670 million.
ERock Stock Falls Below IPO Price on NYSE Debut Amid AI Power Contract Doubts
ERock (EROC) fell 12.37% in its NYSE debut, closing at $18.84 as investors worried about its $1.28B AI data-center backlog.
Apollo and Blackstone Fuel Anthropic's $35B AI Compute Expansion Ahead of IPO
Apollo and Blackstone are funding a $35B AI compute expansion for Anthropic, which filed for an IPO after a $65B funding round valued it at $965B.
SpaceX IPO Oversubscribed by $175 Billion as AI Orbital Compute Hype Grows
SpaceX's $75 billion IPO has attracted over $250 billion in investor demand, but Morningstar values the stock 53% below the offer price, highlighting risks tied to Starship and orbital AI compute.
SpaceX IPO Draws Record Demand, Pressuring Tesla Shares
Tesla shares fell 3% as SpaceX's record-breaking IPO, with over $250 billion in demand, gives investors a new Musk-linked bet, potentially diverting capital from growth stocks.
Factorial Energy Debuts on Nasdaq, Shares Surge After SPAC Merger
Factorial Energy's stock jumped 16% to $13.80 in its first day of trading under the new ticker FAC following a SPAC merger that raised $100M for solid-state battery development.
Cerebras Surges on Bullish Analyst Coverage, AI Chip Demand in Focus
Cerebras Systems surged 18% Monday after at least nine Wall Street banks initiated coverage with bullish ratings, spotlighting the AI-chip maker's rapid rise as a test of AI hardware demand beyond Nvidia.
OpenAI Files for IPO as AI Race Intensifies
OpenAI has confidentially filed for an IPO, with key financials hidden until the S-1 goes public. The move comes amid rising AI competition and infrastructure costs.