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SoftBank picks banks for SB Energy, Roze IPOs

SoftBank hires banks for SB Energy and Roze IPOs. SB Energy could be valued over $50 billion.

Chloe Hall
ByChloe Hall- Senior Editor
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SoftBank Group has tapped banks to prepare IPOs for SB Energy and Roze.

For SB Energy, SoftBank hired JPMorgan, Goldman Sachs, Morgan Stanley, Citi and Mizuho. The IPO could come as early as September with a valuation over $50 billion.

For Roze, SoftBank picked Goldman Sachs, JPMorgan, Mizuho and Morgan Stanley. Roze will focus on autonomous robotics for data center construction.

2026 is expected to see a wave of mega AI IPOs including SpaceX, Anthropic and OpenAI.

SB Energy is partnering with OpenAI on the $500 billion Stargate initiative.

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