How much did SK Hynix raise in its Nasdaq IPO?
SK Hynix sold 177.9 million American depositary receipts at $149 each on July 10, 2026, raising $26.5 billion. That's the largest-ever US listing by a non-American company, surpassing Alibaba's $25 billion 2014 IPO, and the second-largest all-time US share sale after SpaceX's roughly $86 billion raise.
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SK Hynix Just Pulled Off the Biggest Foreign IPO in US HistorySK Hynix raised $26.5 billion in a Nasdaq debut that beat Alibaba's IPO record, riding the AI memory-chip boom to a 13% first-day pop.
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