World & BusinessSB Energy reportedly delays IPO as investors question valuation of $50 billion or more
A post quoting The New York Times says bankers struggled to find enough buyers at the prices sought. SB Energy has proposed what the newspaper describes as the world's largest data center project, in Ohio.
TLDR
According to a New York Times excerpt shared in a September 21 post, SoftBank subsidiary SB Energy had planned its IPO for September 2026 but delayed the offering. The report cites four people familiar with the deal's marketing efforts and says investors questioned the company's sought-after valuation of $50 billion or more. Bankers had struggled to find enough buyers within the price ranges the company and its bankers wanted.
SB Energy reportedly delays IPO as investors question valuation of $50 billion or more
A post quoting The New York Times says bankers struggled to find enough buyers at the prices sought. SB Energy has proposed what the newspaper describes as the world's largest data center project, in Ohio.