The Houston geothermal startup priced at $27, opened 35% higher at $36.54, and debuted with a market cap above $10 billion, powered by demand for round-the-clock carbon-free power from AI data centers.
Tag: IPO
Posted inMarkets
SpaceX sets June 11 IPO pricing at a $1.75 trillion valuation
SpaceX accelerated its Nasdaq listing to June 12 after a swift SEC review, targeting $75 billion raised at a $1.75 trillion valuation that would surpass every prior IPO in history.
Posted inMarkets
Cerebras stock doubles as AI chip IPO raises $5.5 billion
Cerebras priced its IPO at $185 per share Wednesday, raising $5.5 billion, then opened at $385 — up 108% — making it the biggest US tech IPO of 2026 so far with a $66 billion end-of-day valuation.