(Reuters) – The market for initial public offerings in the United States has been on a tear since last year, as ample liquidity due to accommodative monetary policies lured a number of companies to list their shares.
On Wednesday, Rivian Automotive was valued at over $100 billion when its shares debuted on the Nasdaq, after the electric vehicle maker raised $11.9 billion in the world’s biggest IPO of the year.
U.S. IPOs have raised nearly $276 billion (including those of special purpose acquisition companies) so far in 2021, according to data from Dealogic.
Numerous big names, including Robinhood Markets Inc, Coupang Inc, Coinbase Global, Roblox Corp and GlobalFoundries, have gone public this year.
Brazilian online lender Nubank, which is expected to sell shares to investors in the coming weeks, is targeting a valuation of over $50 billion.
Following are the top U.S. IPOs of all time, in terms of valuation:
Company
Market Pricing Date Exchange
Value at
the time
of the
IPO
Alibaba Group Holding $169.4 Sept. 2014 NYSE
Ltd billion
Facebook Inc $81.25 May 2012 Nasdaq
billion
Uber Technologies Inc $75.46 May 2019 NYSE
billion
AT&T Wireless $68.15 April 2000 NYSE
Services Inc billion
Rivian Automotive Inc $66.5 Nov. 2021 Nasdaq
billion
Didi Global Inc $60.96 June 2021 NYSE
billion
United Parcel Service $60.16 Nov. 1999 NYSE
Inc billion
Coupang Inc $60.03 Mar. 2021 NYSE
billion
Ente Nazionale per $54.85 Oct. 1999 NYSE
l’Energia Elettrica billion
(ENEL)
Kraft Foods Inc $53.79 June 2001 NYSE
billion
Deutsche Telekom AG $51.81 Nov. 1996 NYSE
billion
Banco Santander $50.92 Oct. 2009 NYSE
Brasil SA billion
General Motors Co $49.50 Nov. 2010 NYSE
billion
Visa Inc $44.32 March 2008 NYSE
billion
Airbnb Inc $40.97 Dec. 2020 Nasdaq
billion
Gazprom $37.72 Oct. 1996 Traded OTC
billion
Rocket Companies Inc $35.98 Aug. 2020 NYSE
billion
Telefonica Moviles $35.86 Nov. 2000 NYSE
billion
Blackstone $34.15 June 2007 NYSE
billion
Snowflake Inc $33.96 Sept. 2020 NYSE
billion
Following are the 10 biggest U.S. IPOs of all time, in terms of proceeds raised:
Company Amount
raised
Alibaba Group Holding $25.03 billion
Ltd
Visa Inc $19.65 billion
General Motors Co $18.14 billion
Ente Nazionale per $17.41 billion
l’Energia Elettrica
(ENEL)
Facebook Inc $16.01 billion
Deutsche Telekom AG $13.03 billion
Rivian Automotive Inc $11.93 billion
AT&T Wireless Services $10.62 billion
Inc
Telstra Corp Ltd Nearly $10 billion
Kraft Foods Inc $8.68 billion
Following are the top U.S. IPOs of 2021, ranked by market capitalization:
Market valueat
Company the time of the IPO
Rivian $66.5 billion
Automotive Inc
Didi Global Inc $60.96 billion
Coupang Inc $60.03 billion
Robinhood $31.92 billion
Markets Inc
UiPath Inc $29.27 billion
AppLovin Corp $28.64 billion
$26 billion
GlobalFoundries
Inc
Full Truck $20.64 billion
Alliance Co Ltd
Toast Inc $20.10 billion
RLX Technology $18.64 billion
Inc
(Source: Dealogic data)
(Reporting by Niket Nishant in Bengaluru, additional reporting by Echo Wang in New York; Editing by Anil D’Silva and Sriraj Kalluvila)
