The Strategist

SK Hynix plans to raise over $29 billion in US IPO



06/25/2026 - 03:10



SK Hynix, a memory chip manufacturer from South Korea, anticipates generating 45.45 trillion won ($29.4 billion) from its IPO in the USA, according to the company statement’s reported by Bloomberg.



Raimond Spekking
Raimond Spekking
The company intends to utilize the funds to increase production capacity and acquire deep-ultraviolet photolithography machinery for chip manufacturing. Trading of SK Hynix's American Depositary Receipts (ADRs) in the United States is anticipated to commence on July 10.

The IPO of SK Hynix is set to be one of the biggest ever recorded. Saudi Aramco, the oil firm that generated $29.4 billion during its 2019 IPO, set the record for the biggest IPO in history. In June 2026, however, SpaceX, led by Elon Musk, exceeded it by securing $85.7 billion, which included options.

Significant IPOs valued in the tens of billions are also anticipated from two AI creators, Anthropic and OpenAI. According to Bloomberg, SK Hynix's IPO will help us evaluate investor interest and the market's capacity to handle these volumes.

SK Hynix shares finished 1% up in Seoul, recovering from a 4% drop at the last close. As of early 2026, the firm’s shares have added roughly 300%.

source: bloomberg.com