The Global IPO Market Has Never Been Hotter Than It Is Right Now

Bloomberg Quint | Jun 27, 2021 at 11:30 AM
  • Companies are racing to public markets like never before, cashing in on record-high stock prices.
  • An all-time high of almost $350 billion has been raised in initial public offerings in the first six months of this year, according to data compiled by Bloomberg, surpassing the previous peak of $282 billion from the second half of 2020 and enriching entrepreneurs and bankers alike.
  • SPACs accounted for almost half the proceeds raised in the IPO market in the first quarter, but their share shrunk to about 13% this quarter.