Lime files for IPO amid revenue growth and losses

Lime, the electric scooter and bicycle rental company, has filed for an initial public offering. The filing with the Securities and Exchange Commission occurred on Friday.

Lime, officially known as Neutron Holdings, was founded in 2017 and operates in about 230 cities across 29 countries. It has received backing from Uber and reached one billion trips in 2025, according to chief executive Wayne Ting.

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Elon Musk presenting SpaceX's Bitcoin holdings and IPO details in a boardroom setting
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SpaceX discloses bitcoin holdings in IPO filing

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SpaceX has filed documents for an initial public offering expected next month, revealing it held 18,712 bitcoin worth $1.29 billion as of March 31. The filing shows the company generated $18.7 billion in revenue last year. Elon Musk is set to remain chief executive, chief technical officer and board chairman after the listing.

Lime started a 60-day pilot deploying up to 1,000 electric scooters in Mexico City, backed by SEMOVI and active since June 10.

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Forest, cofounded by Agustín Guilisasti, completed a 54 million dollar series B funding round led by Chinese manufacturer Okay.

Anthropic submitted confidential paperwork for an initial public offering on Monday. The move positions the AI company behind Claude as one of several major tech firms preparing to go public this year.

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Approximately $26 billion in shares from 71 recently listed companies will become available for sale as IPO lock-ins expire between June 17 and September-end. A significant portion, totaling $15.96 billion from 31 companies, is set to become eligible in the coming month.

LG Energy Solution swung to a first-quarter net loss due to weakening global electric vehicle battery demand. The company reported a 944 billion won ($635.8 million) loss, reversing a profit from a year earlier. It plans to expand its energy storage system business for a more balanced portfolio.

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SpaceX conducted the largest initial public offering in history on Friday, raising about 75 billion dollars through the sale of 555 million shares.

 

 

 

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