# Nscale faces opposition to about $30 billion IPO target

_Published Monday, October 19, 2026 at 6:21 AM EDT · Infrastructure, Capital · Latest · Tier 2 — Notable_

Nscale faces opposition to the valuation target of about $30 billion it is pursuing for its IPO, Bloomberg reported, citing people familiar with the matter. The data center developer is backed by Nvidia; the opposition concerns its proposed valuation.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-10-19/nscale-faces-pushback-on-30-billion-ipo-valuation-video)

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Canonical: https://techandbusiness.org/newswire/nSmXw0r7bDl7t2nD5UWtRB
Published: 2026-10-19T10:21:33.775Z
Story chronology: 2026-10-19T08:59:20.000Z
Retrieved: 2026-10-19T13:16:25.562Z
Publisher: Tech & Business (techandbusiness.org)