Softbank is trying to IPO ARM - see https://www.bloomberg.com/news/articles/2022-03-24/softbank-is-said-to-be-seeking-at-least-60-billion-in-arm-ipo https://www

Softbank is trying to IPO ARM - see https://www.bloomberg.com/news/articles/2022-03-24/softbank-is-said-to-be-seeking-at-least-60-billion-in-arm-ipo https://www.bloomberg.com/news/articles/2022-03-24/softbank-... or https://www.reuters.com/breakingviews/best-destination-softbanks-arm-ipo-is-nowhere-2022-10-07/ https://www.reuters.com/breakingviews/best-destination-softb... And it's notable that their target of 60$ billion is aspirational - but even that is in a sense shockingly low considering how much all the various players in their market rely on them. Apple has a 2500 $ billion market cap; TSMC 320 $ billion; qualcomm 132 $ billion; nvidia 336 $ billion. In that context, it makes sense they're trying to improve their negotiating position to increase the promise of higher future income. Gotta pump that IPO value somehow...