(Rewrites paragraph 1 with SpaceX confidentially filing for IPO)
April 1 (Reuters) - Elon Musk’s SpaceX has taken a key step toward going public with a confidential filing, Bloomberg News reported on Wednesday, which could rank among the largest IPOs ever and puts the spotlight back on the biggest listings globally.
If SpaceX raises more than $50 billion, as media reports suggest, it would eclipse the world’s largest IPO to date, oil major Saudi Aramco’s listing in 2019.
Analysts expect the potential landmark listing to reinvigorate the IPO market and push more high-profile private startups such as ChatGPT-maker OpenAI and rival Anthropic to the public markets, ending a years-long downturn. Here is an overview of the biggest IPOs globally, ranked by deal size:
Company Offer date Sector Deal size
Saudi Aramco 12/05/19 Energy $25.6 billion
(2223.SE)
Alibaba 09/18/14 Technology $21.8 billion
(9988.HK)
SoftBank Corp 12/10/18 Communication $21.3 billion
(9984.T) Services
NTT Mobile 10/22/98 Communication $18.1 billion
(9432.T) Services
Visa (V.N) 03/18/08 Financials $17.9 billion
AIA (1299.HK) 10/21/10 Financials $17.8 billion
ENEL SpA 11/01/99 Utilities $16.5 billion
(ENEI.MI)
Meta (META.O) 05/17/12 Technology $16 billion
General Motors 11/17/10 Consumer $15.8 billion
(GM.N) Discretionary
ICBC - H 10/20/06 Financials $13.96 billion
(1398.HK)
Source: Renaissance Capital

ONLN

EBIZ

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- SpaceX, led by Elon Musk, has confidentially filed for an initial public offering (IPO), possibly making it one of the largest in history.  
- If successful, the IPO could surpass $50 billion, exceeding the $25.6 billion record set by Saudi Aramco in 2019.  
- Analysts predict this listing may stimulate the IPO market and encourage other major private startups, such as OpenAI and Anthropic, to pursue public offerings after a prolonged downturn.

Reuters

ProShares Online Retail

Global X E-commerce ETF

Hwabao CSI HK Equities Internet ETF

Global X Cloud Computing ETF

BABA-W

Amplify Online Retail ETF

ARK Fintech Innovation ETF

Alibaba

SoftBank Corp.

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

OpenAI

Direxion FTSE China Bull 3X

SPDR S&P Retail ETF

E Fund CSI HK Connect Internet ETF

Global X Fintech

Krne Csi China Internet

FACTBOX-From Saudi Aramco to Alibaba: World's biggest IPOs