After the Klarna IPO, are SpaceX, Stripe, Kraken, and Revolut next?
Some of the biggest finance news stories this week is the upcoming Gemini, Figure, and Klarna IPOs that will see them raise millions of dollars in the United States.
These companies join other major firms that have gone public this year, including Coreweave, eToro, Webull, Bullish, and Circle. This article looks at some of the potential companies that may go public after the Klarna IPO.
SpaceX
Elon Musk’s SpaceX is one of the top companies that has always been watched in terms of going public because of its market share in the space industry and its valuation.
According to Forge Global, SpaceX stock price has jumped from $80 in 2023 to $239 today in the private market, with its valuation being $452 billion, making it the biggest privately owned company.
SpaceX has raised billions of dollars in the past few years from companies like Draper Fisher, Craft Ventures, and Fidelity.
Owebrer, the company has not committed to go public any time soon, and chances are that it will not because of the Trump and Elon Musk beef.
Read more: Klarna IPO is coming: will its stock be a good buy?
Stripe
Stripe is another top company to watch after the Klarna IPO. It is a top company offering payment solutions to some of the world’s largest companies. Its customers are the likes of OpenAI, Google, Anthropic, and Shopify.
The company competes with some well-known brands in the checkout, like Klarna, PayPal, and Square.
It has been one of the most popular companies among investors, which has brought the valuation to over $92 billion. It has raised fund from companies like Sequoia, a16z, Thrive Capital, General Catalyst, and Baillie Gifford.
Stripe has not revealed when it will go public. Like SpaceX, its listing will be popular because of its growing market share in the payment industry.
Kraken
Meanwhile, Kraken Exchange could be one of the top IPOs as the company has confirmed that it will go public in 2026. Odds are that the IPO may happen this year after the success of Bullish and Circle.
Kraken is a major player in the crypto industry as it ranks as the second biggest player in the United States after Coinbase. It made headlines recently when it acquired NinjaTrader, Capitalise, and Staked.
The Kraken stock price has surged to $42 on Forge, with its current valuation being $13.1 billion. Its investors are companies like Bloom Capital, Digital Currency Group, and Blockchain Capital.
Revolut
Revolut, a top British fintech company, made headlines when it made a secondary share sale at a $75 billion. This is a major improvement from the $45 billion it received last year.
The company made a profit of over $1.5 billion last year, helped by its booming crypto business. Its revenue jumped to £3.1 billion, up from £1.8 billion a year earlier.
Revolut has not commented on its IPO, but industry analysts believe that the company will list either in London or in the United States.
The other top companies that could go public are Databricks, Ripple, and Figure AI.
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