Is SK Hynix's IPO bigger than SpaceX's?
No. SpaceX's roughly $86 billion US share sale, completed the prior month, remains the largest all-time US share sale. SK Hynix's $26.5 billion raise ranks second overall — but is still the single largest US listing ever completed by a foreign company, edging out Alibaba's $25 billion debut from 2014.
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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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