Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Category: Initial Public Offerings
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
The New York Times – Business: -
Why So Many People Already Own Shares of Elon Musk’s SpaceX
The New York Times – Business:Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
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Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
The New York Times – Business:The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.
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The Consequences of SpaceX’s Latest A.I. Moonshot
The New York Times – Business:Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
The New York Times – Business:As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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SpaceX Strikes Deal With Cursor for $60 Billion
The New York Times – Business:The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
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Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok
The New York Times – Business:Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
The New York Times – Business:An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
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Clay, an A.I. Sales Start-Up, Lets Employees Cash Out. Again.
The company is part of a newer generation of software upstarts holding multiple tender offers where workers can sell stock before going public.
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Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability
Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
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2026 May Be the Year of the Mega I.P.O.
If SpaceX, OpenAI and Anthropic go public, they will unleash gushers of cash for Silicon Valley and Wall Street.