Arm hits $54.5bn valuation in massive IPO launch

Arm has raised nearly $5bn in its IPO, which appears to be the biggest in scale since Rivian went public in 2021. Arm has launched its long-awaited initial public offering (IPO), with a share price of $51, giving the company a reported valuation of more than $54bn. The company said it will start…#rivian #softbankgroup #softbank #visionfund #armsoftbank #nvidia #apple #iphone #intel #dailybrief
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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