Bloomberg: US IPO Market Sees Busiest Month Since 2021

The U.S. initial public offering (IPO) market is experiencing a resurgence, with September 2025 on track to be the most active month in nearly four years, according to Bloomberg. IPO volume for the month has already reached $7.6 billion, the highest monthly total since November 2021, which Bloomberg characterized as the tail end of a highly active year. This surge in activity is largely attributed to the successful IPOs of Klarna Group Plc and Netskope Inc., whose strong market debuts have significantly contributed to the month's overall volume. The reported $7.6 billion excludes financial vehicles such as blank-check companies, underscoring the robust performance of traditional corporate listings. Data compiled as of September 23, 2025, indicates a strong market recovery, driven by these key offerings reaching multi-year highs.