PYMNTS.com January 10, 2025
The largest startups in the United States are reportedly raising so much capital in private markets that they can delay launching initial public offerings (IPOs).
These startups have raised the billions of dollars they need to continue growing and to enable employees to cash out stock options, without an IPO, the Financial Times (FT) reported Thursday (Jan. 10).
Examples include Databricks raising $10 billion in December, SpaceX raising $1.25 billion in November and OpenAI raising $6.6 billion in October, according to the report.
After raising funds like that, the country’s largest startups have the flexibility to delay their potential IPOs beyond 2025, even as smaller startups are expected to go public this year to take part of the improved markets,...
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