Wall Street grows skeptical of data center boom; SB Energy delays $50B IPO
firstadopter · x · 2026-09-22
Per NYT, the backlash against data centers is spilling onto Wall Street, forcing companies to delay IPOs: SoftBank subsidiary SB Energy postponed its listing this month as investors questioned its $50B+ valuation for the world's largest proposed data center project in Ohio. Anthropic's IPO was also reportedly delayed. Notably, stocks still rallied on the news as energy-guzzling data center facilities face growing public and political opposition.
Related event: SoftBank's SB Energy Shelving $50 Billion IPO as Data Center Hype Cools(4 posts)→
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