IPO Market Is Heating Up
The market is all over the place in 2025.
But market volatility isn’t slowing down the IPO market.
What are IPOs?
IPO stands for initial public offering.
A company has an IPO when it first starts trading on one of the major US exchanges, like the NASDAQ or New York Stock Exchange (NYSE).
IPOs are very exciting because they’re a new place to put your money.
And they can be incredibly profitable.
Circle Internet Group (ticker: CRCL), a stablecoin provider in the crypto world, had its IPO last Thursday. The stock shot off like a rocket.
Circle was up as much as 200% in just one day!
The gains continued into Friday, with Circle rising another 30% from Thursday’s close.
In just two days, Circle’s price tripled!
From IPO at $31 a share to over $107… that’s quite a ride!
Circle wasn’t the only IPO soaring in 2025.
CoreWeave (ticker: CRWV), an AI computing company, went public in March.
And if you got in early on CoreWeave, you’d be up over 250% in just two months!
It’s probably too late to get into Circle Internet or CoreWeave, but it doesn’t mean we can’t make money on upcoming IPOs.
What IPOs are coming up, and should we be buying in?
In a few days, Chime Financial (ticker: CHYM) will be going public on the NASDAQ stock exchange.
Chime operates as a digital banking company, specifically serving the underbanked population.
The underbanked are usually lower-income households who might not have access to traditional banks.
So Chime doesn’t have a lot of competition.
Chime makes most of its money through fees when its customers use Chime’s debit and credit cards.
Volume is really important to Chime, which is probably why I see their ads constantly on TV.
And the ads are working. Chime has the highest market share of customer checking accounts outside of the 3 major banks.

Chime’s market cap will be around $11 billion after the IPO, which is significantly lower than Wells Fargo, JPMorgan, and Bank of America.
Chime won’t get as big as those mega banks, but there’s plenty of market share to grab.
Voyager Technologies (ticker: VOYG) will also go public later in the week on the New York Stock Exchange.
It hopes to get around $1.6 billion, so it’s a smaller IPO than Chime.
But Voyager might have more upside.
Voyager is looking to design and build the next space station, after the International Space Station (ISS) is retired in 2030.
2030 seems far away, but a lot of work needs to be done for its replacement.
Voyager Technologies’ main competitor is Blue Origin, Jeff Bezos’s space company.
Blue Origin expects their project will cost around $100 billion and hopes to be operational in 2030.
Voyager and its partners expect their space station to only cost around $3 billion and expect to launch in 2028.
The two-year headstart will help Voyager really take off after it goes public.
Have you ever invested in an IPO?
Let me know your experience!