IPO market 2024: These companies could make a splash, including Douglas, Circle, Ampere and Elon Musk's SpaceX.

IPO market 2024: These companies could make a splash, including Douglas, Circle, Ampere and Elon Musk's SpaceX.

According to a report from www.finanzen.net, the year 2023 was characterized by a weak IPO market, weighed down by high interest rates, inflation, a weakening global economy and geopolitical uncertainties. These factors led to weak stock market sentiment and a low number of IPOs worldwide. However, experts at Goldman Sachs predict a revival of the IPO market in 2024. They expect that key interest rates will fall and that stocks will become more popular again. This would have a positive impact on the IPO landscape, as interest rate cuts have led to increased IPOs in the past.

One company that could venture public in 2024 is the Douglas perfumery chain. Owner CVC Capital Partners is seeking a $7 billion valuation for Douglas and plans to raise fresh capital for future expansion. Douglas operates more than 1,800 branches and recorded sales of 3.7 billion euros in the 2021/22 financial year. In addition, the US crypto company Circle is planning to go public. The company is the second largest stablecoin issuer in the world and has a successful US dollar stablecoin called USD Coin (USDC). Another candidate is Ampere, Renault's electric car division, which is expected to go public in spring 2024.

Furthermore, Chinese companies such as Alibaba's logistics division Cainiao Network Technology as well as companies such as SpaceX/Starlink and OpenAI could also soon dare to go public.

Overall, the IPO market appears to be picking up steam again in 2024 due to expected interest rate cuts and improved stock market sentiment, which could lead to an increase in IPOs. This would have a positive impact on the market, consumers and relevant industries by providing fresh capital for expansion and growth.