5 Biggest IPOs of 2020

In this article we are going to list the top 5 biggest IPOs of 2020. For a detailed coverage of this topic and a more comprehensive look, please take a look at 15 biggest IPOs of 2020.

5. Royalty Pharma (NASDAQ:RPRX)

Royalty Pharma claims to be transforming the funding of Life Science through collaborative capital. This company has more than 150 years of experience and the capital it has deployed so far is $20+ and has 50+ royal acquisitions. Royalty Pharma is based in New York and was found by Pablo Legorreta. Its IPO was $28/share along with the market cap of $32,144 million. The amount it raised through the IPO was $2,170 million.

4. Palantir (NYSE:PLTR)

Palantir is an American software company that was founded by Peter Thiel, Alex Karp, Nathan Gettings, Stephen Cohen and Joe Lonsdale in 2003. The company is famous because of these three projects: Palantir Foundry, Palantir Gotham and Palantir Metropolis. In 2020, it went public and raised $2,571 billion through the IPO. The market cap of the company is $61,183 million.

3. Snowflake (NYSE: SNOW)

Snowflake was found in 2012 and is a cloud-based data-warehousing company. It was able to receive more than $1.4 billion before going public. It is based in California and offers analytics and cloud-based storage services. Its IPO was $120/share along with the market cap of $80,753 million. the total amount it raised through the IPO was $3,900 million.

2. Doordash (NYSE:DASH)

Doordash is a food delivery service in America. It was found in 2013 and by 2020 it had the largest food delivery market share in the country. This company was found by Tony Xu, Evan Moore, Stanley Tang, and Andy Fang, students of Stanford University. In 2018 it was reported that Doordash has been successful in overtaking Uber Eats. In February 2020 Doordash announced that it is going public and its IPO was $102/share. With the market cap of $60,989 million, the amount raised through the IPO was $3,370 million.

1.   Airbnb (NASDAQ: ABNB)

Airbnb is a vacation rental online marketplace that is based in California. It was found in 2008 and the full name of the company is AirBedandBreakfast. Airbnb allows travelers to arrange lodges, especially homestays, and have a tourism experience in a convenient and cost-effective manner. On December 10, 2020, Airbnb went public with the IPO of $68/share along with the market cap of $106,585 M. the amount it raised through the IPO was $3,490 M.

Please also see Cathie Wood’s 10 Best Stocks To Buy and Hold For 5 Years and 15 Best Technology Stocks To Buy Now.

Disclosure: None.