To The Moon

😀Hi Tigers, SpaceX has quietly become the most anticipated potential IPO in global markets. With a private valuation around $350 billion, it is already the largest private company in the world. Demand for its shares is so strong that investors are buying into private-market SPVs, and some deals have reportedly cleared 30%+ above previous tender prices. If SpaceX eventually goes public, it could easily become one of the largest IPOs in market history. I. Private market demand Because SpaceX is still private, most investors cannot buy shares directly. Instead, access usually happens through secondary transactions or SPV structures that pool capital to buy shares from early employees and investors. What we are seeing in the private market: • Secondary transactions remain heavily oversubscribe

😀Hi Tigers, Japan’s largest mobile payment platform PayPay has officially gone public in the U.S., marking one of the biggest overseas IPOs by a Japanese fintech company in years. A quick snapshot of the deal: That makes it the largest U.S. IPO by a Japanese company in about a decade. Some investors are calling it “Japan’s Alipay moment” — a domestic payments giant finally stepping onto the global capital stage. I. What exactly is PayPay? For those less familiar with the company, here’s the quick background. • Founded in 2018 • Joint venture between SoftBank and Yahoo Japan (now LY Corporation) • Focus: QR-code and mobile payments In just a few years, PayPay has become Japan’s dominant mobile payment platform. Key stats (as of end-2025): • ~ 72 million registered users • Japan population:

👋 Hi Tigers, A noticeable change has recently appeared in the Hong Kong IPO market. The myth of “zero IPO break” has finally been broken. For a while, many investors followed a simple strategy: Subscribe to any IPO, and you would likely make money. However, a symbolic event occurred on March 11: Several Hong Kong IPOs experienced first-day price drops. This may signal that: Hong Kong IPO investing is entering a “selective era.” Today, let’s take a look at the latest IPO opportunities. 1. Today’s IPO Focus 1️⃣ Feisu Innovation ( $FS.COM(03355)$ ) Subscription period: March 13 — March 17 Entry fee: HKD 4,201.96 Business: Smart manufacturing software and industrial automation solutions Main services include: Factory digitalization Equipment manageme

Softcare Limited (02698.HK) $SOFTCARE(02698)$ — a Dubai-headquartered multinational hygiene products company focused on fast-growing emerging markets — is attracting market attention with its upcoming Hong Kong IPO. Backed by strong profitability, localized production capabilities, and substantial cornerstone support, the offering provides investors exposure to the structural growth story in Africa and other emerging regions.1. Offering OverviewSubscription period: October 31 – November 5 (until 9:30 A.M.)Listing date: November 10Offer price range: HK$24.2 – HK$26.2Expected market cap: HK$14.66 billion – HK$15.97 billionTotal shares offered: 90.884 millionMinimum investment: HK$5,292.852. Company ProfileFounded in 2009 and headquartered in Dubai,

The U.S. IPO market is about to witness a historic “crypto + fintech” superweek. Three unicorns — $Gemini Space Station, Inc.(GEMI)$ , $Figure Technology Solutions (FT Intermediate)(FIGR)$ , and $Klarna Group plc(KLAR)$ — are all gearing up to go public. Each could redefine its sector. Combined, they highlight how fast both digital assets and fintech lending are moving from the fringe to the core of Wall Street. $Gemini Space Station, Inc.(GEMI)$ : Nasdaq itself is the ultimate validatorStrategic twist: Nasdaq is investing $50 million in Gemini’s IPO — the first time a major exchange has ever taken an equity stake in a c

—Trump brothers take Gryphon Digital Mining public via all-stock merger to create “pure-play” Bitcoin vehicleAugust 29, 2025 — Hong Kong & New York — American Bitcoin (ABTC), the Bitcoin mining-and-treasury company co-founded by Donald Trump Jr. and Eric Trump, is set to begin trading on the Nasdaq in early September under the ticker ABTC after completing an all-stock merger with Nasdaq-listed Gryphon Digital Mining. The transaction will leave the Trump brothers and Hut 8 Corp., the North-American miner that seeded ABTC, with roughly 98 % of the combined company, while Gryphon shareholders retain about 2 %.Donald Trump Jr. and Eric Trump gesture outside the Nasdaq building after ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and adoption of its $WLFI

Trump's policies are fueling a wave of crypto IPOs: $Bullish(BLSH)$ is sprinting for a US IPO, led by a former NYSE president, backed by 24,000 BTC and valued at $4.82 billion. Meanwhile, $Circle Internet Corp.(CRCL)$ has seen its stock price rise nearly 420% since its IPO this year.Trading Outlook:Book Closing: Subscription orders will cease at 4:00 PM ET on Tuesday, August 12 (4:00 AM BST on August 13).IPO Pricing: On the evening of Tuesday, August 12, the final price range was raised from $28–31 to $33 (possibly further upward).Trading: Officially opens on the New York Stock Exchange on Wednesday, August 13, 2025, under the ticker symbol BLSH.Lead underwriters are $

$Figma(FIG)$ 's stock surged 250% after its IPO on Thursday and continued to rise in pre-market trading on Friday, bringing its market capitalization to over $61 billion. This makes it the largest software company IPO since 2024.Live look at figma employees today.ImageSome netizens compared the situation to $Adobe(ADBE)$ , which once failed to acquire Figma with a $20 billion offer, and now faces a formidable competitor.As of press time, $Figma(FIG)$ 's pre-market market capitalization may exceed $61 billion, while Adobe's is around $150 billion. However, in terms of revenue, Adobe's revenue is still 26 times that of Figma.Metric (Last 12 Months)

$NTT DC REIT USD(NTDU.SI)$ The data center real estate trust ( $NTT DC REIT USD(NTDU.SI)$ DC REIT), owned by Japanese telecommunications giant NTT, has completed its listing on the Singapore Exchange (SGX), becoming one of the largest initial public offerings (IPOs) in Singapore in the past four years. The REIT raised a total of approximately US$600 million, with an asset portfolio covering six data centers in the United States, Singapore and Austria, with a total asset valuation of more than US$1.6 billion, an overall IT load of 90 megawatts, and an occupancy rate of 94.3%. The REIT focuses on the positioning of "high quality and stable income" and is expected to provide a distribution yield (DPU)

Francisco-based design software company, has officially filed for an IPO and plans to trade on the NYSE under the ticker “$FIG.”Known for strong revenue growth, up 46% year-over-year in Q1 2024, and a large global user base, Figma enters the public market after a scrapped $20B acquisition deal with Adobe in 2023.The IPO comes amid renewed investor interest following a long IPO drought. Founded in 2012 by Dylan Field and Evan Wallace, Figma has 1,646 employees and major backers like Index Ventures and Sequoia.Field, who holds a majority voting stake, said the move aims to expand ownership and access capital markets.Figma ended Q1 with $1.54 billion in cash and has recently made acquisitions and invested in Bitcoin-related assets.The offering is led by $M