The US IPO market appears to be regaining momentum after being stuck in neutral for several years. Since the start of 2025, there have been over 50 IPOs so far, a significant increase from last year. This trend is expected to continue, with several companies lined up to go public in the coming months.
Figma, a design and product development platform, recently made its highly successful debut on the NYSE, with its stock price skyrocketing to $115 per share. Other notable IPOs include Firefly Aerospace, which priced its shares at $45 apiece, and Klarna, a Swedish payments group valued at $14.6 billion.
StubHub, an online ticket marketplace, has also delayed its IPO plans multiple times but remains highly sought after by investors, with a valuation of over $16.5 billion. Bullish Global, a crypto exchange backed by Peter Thiel, aims to raise up to $4.23 billion in its upcoming IPO.
Other companies set to go public in 2025 include Solera, a risk management and asset protection software provider; Figure Technology Solutions, a blockchain-based credit company; Gemini, a crypto exchange owned by billionaire twins Tyler and Cameron Winklevoss; and Cerebras, an AI chipmaker. These listings are expected to attract significant investment and attention from the market.
The upcoming IPOs are part of a broader trend in the tech industry, with many companies looking to raise capital through public listings. As investors become increasingly optimistic about the IPO market, more companies are expected to follow suit in 2025.
Source: https://www.inc.com/chris-morris/figmas-8-ipos-to-watch-in-2025-klarna-stubhub-bullish/91223210