Africa's Markets, Startups & Money Moves — Updated Daily

SpaceX Plans to Market Its IPO at a Fixed Price

Elon Musk's SpaceX is planning to set a fixed price of $135 per share ahead of officially marketing its initial public offering, the company said in a filing with the Securities and Exchange Commission

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Anthropic Files Confidentially for an Initial Public Offering

Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering, the company said in a blog post Monday.

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NODWIN Gaming Planning to Raise $100-200 Million Funding

Nazara-backed esports and youth media platform NODWIN Gaming is planning to raise $100-200 million through a mix of primary and secondary funding

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Cerebras Systems Raises $5.5 Billion in Its IPO

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 Wednesday evening, way higher than its range ($115 to $125, later raised to $150 to $160)

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Electric Bike and Scooter Rental Startup Lime Files for IPO

After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime has filed for an initial public offering.

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Geothermal Startup Fervo Energy Targets $1.3 Billion in Its IPO

Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering. The company would be valued at up to $6.5 billion

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Revolut Targets Valuation of Up to $200 Billion in Eventual IPO

British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public

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The Dangote Refinery Intends to Pursue a Pan-African IPO

An email from FirstCap CEO Ukandu, as seen on Bloomberg, showed that Dangote designated Stanbic IBTC Capital Ltd., Vetiva Advisory Services Ltd., and FirstCap Ltd. to provide advice on the IPO for Dangote Petroleum Refinery and Petrochemicals FZE.

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SpaceX Files Confidentially With Securities and Exchange Commission Ahead of IPO

SpaceX, the technology conglomerate founded by Elon Musk, reportedly filed disclosures confidentially with the U.S. Securities and Exchange Commission ahead of an initial public offering.

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Beltone Holding Launches a Dedicated Private Equity Platform

Beltone Holding has launched a dedicated private equity platform, broadening its investment capabilities to cover the full funding lifecycle from pre-seed through to pre-IPO.

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SpaceX Considering a Dual-Class Share Structure in Its Planned IPO

SpaceX is considering a dual-class share structure in its planned initial public offering (IPO) this year, according to people familiar with the matter

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Elon Musk is Combining SpaceX With xAI as the Combined Entity Gears Up for a Massive IPO

Elon Musk is combining rocket maker SpaceX with his artificial intelligence startup, xAI, as the combined entity gears up for a massive IPO.

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