Fervo Energy Targets $6.5B Valuation in Largest Clean-Energy IPO of 2026
Fervo Energy prices its Nasdaq IPO this week at $21–$24/share, targeting a $6.5B valuation as AI data-center demand puts firm geothermal power in the spotlight.
IPO & Public Offerings
HawkEye 360 Raises $416M in NYSE IPO at $2.3B Valuation
HawkEye 360 (NYSE: HAWK) priced at $26, raising $416M. Revenue surged 74% to $118M and EBITDA turned positive as defense-tech satellite demand accelerates.
Cerebras Systems Files for $40 Billion IPO
Cerebras Systems targets a $40B valuation in its IPO, backed by a landmark OpenAI deal and AWS Bedrock integration that transformed its revenue base.
Lincoln International Files for a Rare NYSE IPO
Lincoln International filed an S-1 with the SEC to list on NYSE under ticker LCLN. With $783.8M in 2025 revenue and Goldman Sachs and Morgan Stanley as underwriters, here’s what it means for capital markets.
Bill Ackman’s $5B Pershing Square IPO Falls Short of $25B Goal
Bill Ackman’s Pershing Square raises $5B in a dual NYSE IPO but shares sink ~18% on debut as retail demand misses the original $25B target.
How an IPO Actually Works: S-1, Bookbuilding, and the Greenshoe
A plain-English guide to how companies go public — from the S-1 filing to bookbuilding, pricing night, and the greenshoe stabilization option.
X-Energy’s $1B IPO: Amazon’s Nuclear Bet Debuts on NASDAQ
Amazon-backed X-Energy raised $1.02B in its NASDAQ IPO on April 24, 2026, with shares surging 27%—the biggest nuclear startup listing in years.
SpaceX Files for IPO at $1.75T: What It Means for Capital Markets
SpaceX filed confidentially for an IPO targeting a $1.75 trillion valuation and late June 2026 debut. Here’s what the landmark deal means for capital markets.
2026 IPO Market Hits 100 Deals: What’s Driving the Revival
The U.S. IPO market has completed 100 deals in 2026, running 6% ahead of last year’s pace. Biotech and defense tech are leading first-day pops. Here’s what’s fueling the rebound.
Madison Air’s $2.2B IPO: AI Data Centers Fuel Industrial Revival
Madison Air Solutions raised $2.2B in its NYSE debut — the biggest industrial IPO in years. What it signals about AI demand and the 2026 IPO pipeline.