World Stock Watch

IPO Market: A New Era of Opportunities

Despite a lackluster 2024, the IPO market is poised for a comeback in 2025. With a new administration taking the reins in the White House, lower interest rates, and reduced recession fears, officials at the New York Stock Exchange are predicting a busy year ahead.

Fintech IPOs: The Next Big Thing

Next year could be a game-changer for fintech companies going public. Chime, a digital banking platform, has reportedly submitted a confidential filing for its IPO, with plans to list in 2025. The company has raised $2.65 billion to date and boasts a valuation of $25 billion.

Discord: A Gamer’s Favorite

Discord, a popular communication tool among gamers, has been on the radar of Wall Street traders since it ended talks with Microsoft over a $10 billion takeover in 2021. With a valuation of $15 billion and 200 million monthly active users, Discord is expected to make a splash in the IPO market.

Klarna: Retail Banking and Beyond

Klarna, a retail bank, payments, and shopping service, has been inching closer to its IPO debut. With a valuation of $14.6 billion and near-profitability, Klarna’s successful IPO could pave the way for other fintech companies to follow suit.

Other Companies to Watch

• Liquid Death: The canned water company has hired Goldman Sachs to handle its public offering and is considering an IPO, with a valuation of $1.4 billion.
• Panera: The fast-casual restaurant chain has confidentially filed initial paperwork for a public offering, but has yet to act on it.
• Shein: The fast-fashion company made a confidential filing in November 2023, but its valuation has been volatile, ranging from $100 billion to $45-55 billion.
• SpaceX: Elon Musk’s rocket and satellite company is arguably the most watched company that could have IPO plans, with a valuation of $350 billion.
• Stripe: The payments giant has been teasing a public offering since early 2023, with a valuation of $70 billion and reports of surpassing payment volumes of $1 trillion in 2023.
• Ticketmaster: The ticketing service has delayed its IPO plans twice, but with a valuation of at least $16.5 billion, investors are eager to get a piece of the company.