Introduction
The year 2023 is expected to be a lucrative year for IPOs, with several companies planning to go public. The initial public offering (IPO) market has been robust lately, with several high-profile companies making their debut. In this article, we will look at some of the upcoming IPOs that investors should keep an eye on.
1. Instacart
Instacart, the popular grocery delivery service, is rumored to be planning an IPO in 2023. The company has been growing rapidly in recent years and has raised billions of dollars in funding. With the pandemic accelerating the shift towards online grocery shopping, Instacart is in a strong position to capitalize on the trend.
2. Robinhood
Robinhood, the popular trading app, has also been rumored to be planning an IPO in 2023. The company has been in the news lately due to the GameStop saga, which has led to increased scrutiny from regulators. However, Robinhood’s user base has been growing rapidly, and the company has been expanding into new markets.
3. Stripe
Stripe, the online payment processing company, is expected to go public in 2023. The company has been growing rapidly, with its valuation reportedly reaching $95 billion in 2021. Stripe’s platform is used by many of the world’s leading companies, and the company is expected to continue its strong growth trajectory.
4. UiPath
UiPath, the robotic process automation (RPA) software company, had a successful IPO in 2021, and its stock has been performing well. However, the company is expected to continue to grow, and there are rumors that it may go public again in 2023. UiPath’s platform helps companies automate repetitive tasks, and its technology is in high demand.
5. SpaceX
SpaceX, the space exploration company founded by Elon Musk, is also rumored to be planning an IPO in 2023. The company has been making headlines recently due to its successful launches and plans to take humans to Mars. An IPO would enable SpaceX to raise more funds to continue its ambitious projects.
6. Lucid Motors
Lucid Motors, the electric vehicle (EV) company, went public via a SPAC merger in 2021. However, the company is expected to continue its growth trajectory, and there are rumors that it may go public again in 2023. Lucid’s flagship vehicle, the Lucid Air, is set to compete with Tesla’s Model S.
7. Discord
Discord, the popular chat app used by gamers, is reportedly considering an IPO in 2023. The company has been growing rapidly, with over 150 million monthly active users. Discord has recently expanded into new markets, such as music and sports, and an IPO would enable it to raise more funds to continue its expansion.
8. Rivian
Rivian, the electric vehicle (EV) startup backed by Amazon, went public in 2021 and its stock has been performing well. However, the company is expected to continue its growth trajectory, and there are rumors that it may go public again in 2023. Rivian’s flagship vehicles, the R1T pickup truck and the R1S SUV, are set to compete with Tesla’s Cybertruck and Model X.
9. Databricks
Databricks, the data analytics and machine learning platform, is rumored to be planning an IPO in 2023. The company has been growing rapidly, with its platform used by many of the world’s leading companies. Databricks recently raised $1.6 billion in funding, and an IPO would enable it to raise more funds to continue its growth.
10. Byju’s
Byju’s, the Indian edtech company, has been expanding rapidly and is rumored to be planning an IPO in 2023. The company’s platform, which offers online classes and educational content, has been in high demand due to the pandemic. Byju’s is one of the world’s most valuable edtech companies, with a valuation of over $16 billion.
Conclusion
2023 is expected to be a busy year for IPOs, with several high-profile companies planning to go public. From Instacart to SpaceX, these companies are expected to continue their growth trajectory and capitalize on the latest trends. Investors should keep an eye on these IPOs as they could offer promising investment opportunities.
