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Recent Current Affairs related to IPO

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18 June 2026 BUSINESS

Elon Musk, CEO of Space Exploration Technologies Corporation (SpaceX), became the world’s first trillionaire on paper following the Initial Public Offering (IPO) of the company.

SpaceX raised $75 billion through the IPO, surpassing the 2019 Saudi Aramco IPO to become the largest public offering in history.

17 April 2026 REPORTS

According to the “India Tech Annual Funding Report 2026” released by Tracxn, Indian technology start-ups raised $11.7 billion in FY26, which is an 18% decline compared to the $14.3 billion in FY25.

India is the 4th highest funded country globally, after the USA ($426 billion), the United Kingdom (UK) ($17.8 billion), and China ($15 billion). The report recorded 13 funding rounds of over $100 million, including a $710 million investment in Nxtra.

It is to be noted that there were 47 Initial Public Offerings (IPOs), marking a 52% increase from FY25, while acquisitions dropped by 15% to 129. Bengaluru remained the primary hub for technology investments, accounting for 33% of the total funding volume.

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