Chime, last valued at $25B, aims for $11B in upcoming IPO | TechCrunch
Briefly

Chime, anticipating a blockbuster IPO in 2025, has set its share price range between $24 to $26, potentially achieving an $11.2 billion market cap. While the company is not the largest IPO of the year—Coreweave holds that title—Chime's rapid revenue growth, reaching $1.3 billion in 2023 and a forecasted $1.7 billion in 2024, makes it noteworthy. Despite its larger previous valuation of $25 billion, investor sentiment and minimal insider selling could drive demand and price increases at launch, expected around June 9, 2025.
Chime's impending IPO is poised to be a major event in 2025, with a share price range of $24 to $26, leading to an $11.2 billion market cap.
Despite its last private valuation being significantly higher at $25 billion, Chime's IPO could still attract investor interest and exceed the initial price target.
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