SB Energy IPO: the $50 bln AI infrastructure bet and what it means for SoftBank
SoftBank Group (9984) is spinning off SB Energy, an AI infrastructure firm, targeting a $50B+ valuation in its IPO. SB Energy has a $439B backlog but reported a $3.21B net loss in H1 2026. SoftBank holds a majority stake, and the IPO's success could significantly impact its stock price. The IPO is moving forward with a Nasdaq listing under ticker SBE.

