IPOs, SPACs Surge in 2020 as Companies Rush to Go Public

The IPO market has been exceptionally active, with record issuance levels and strong investor returns. In the US alone, issuance has surpassed $150 billion, with global figures nearly four times higher. Major IPOs like DoorDash and Airbnb have performed well, encouraging more companies to go public. SPACs are also raising significant funds, though there are concerns about their ability to secure quality deals. IPOs have outperformed major indices like the S&P 500, driven by tech companies and investor demand for growth. However, risks remain that could affect valuations.

What factors contributed to the record issuance in the IPO market this year?

How have big IPOs performed compared to the S&P 500?

What risks are associated with companies raising too much money for SPACs?

What trends are expected in the IPO market for the next year?

Which companies have been highlighted as successful in raising funds through IPOs?