Explainers
Quantinuum's IPO Valuation: $15.6B at Pricing
Quantinuum priced its Nasdaq IPO at $60 a share in June 2026, implying a valuation around $15.6B. The reported range ran from a $12.7B target to $17.6B at the open.
IPO
Explainers
CoreWeave's IPO Valuation: $40 a Share, $19B
CoreWeave priced its March 2025 IPO at $40 per share, below the indicated range, for a valuation of around $19 billion. Here is how that figure was built and how to read the fully-diluted version.
Explainers
OpenAI's IPO Valuation: What the $852B Mark Means
OpenAI's most recent valuation is $852 billion, set in a March 2026 funding round and reaffirmed in an August employee tender. The company confidentially filed with the SEC in June 2026 and has set no IPO date.
Explainers
Figma's IPO Valuation: $19.3B at Pricing, $68B at Close
Figma priced at a $19.3B valuation on July 30, 2025, then more than tripled on its first trading day. The gap between the two numbers is the story.
Explainers
How Lending Club Priced Its 2014 IPO
Lending Club's 2014 IPO priced above its raised range, a signal of investor appetite for consumer lending marketplaces. Here is how IPO pricing works, and why the number is a negotiation rather than a fact.