# Crusoe reportedly discusses IPO with Wall Street banks

_Monday, August 17, 2026 at 5:20 PM EDT · Capital · Developing · Tier 2 — Notable_

Data-center developer and power supplier Crusoe is in IPO talks with at least four Wall Street banks, Axios reports. JPMorgan is advising Crusoe on a reported $3 billion pre-IPO fundraising that would value the company at $35 billion. The discussions do not establish that Crusoe will list publicly or complete the financing.

## Sources

- [Techmeme](https://www.techmeme.com/260817/p34#a260817p34)

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Canonical: https://techandbusiness.org/newswire/Huz-Rmdk2G4XyJqiCuEzxy
Retrieved: 2026-08-18T00:26:15.023Z
Publisher: Tech & Business (techandbusiness.org)
