Deals
Sizzling U.S. Stock Markets Await Next Leg of Record IPO Run
- Companies have raised $180 billion on U.S. exchanges in 2020
- Soaring equity values, SPACs drive IPO volumes to new highs
More than 30 companies, including Airbnb, priced deals that raised in excess of $1 billion this year, the data show.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
A booming market for U.S. initial public offerings shows no sign of slowing in 2021.
Around $180 billion was raised from IPOs on U.S. exchanges in 2020, more than double last year’s total and far above the previous high of $102 billion set in 2000, according to data compiled by Bloomberg. Companies have been emboldened by soaring equity values, especially in the second half, while a proliferation of listings by blank-check firms has also boosted volumes.