Data center firm Switch confidentially files for US IPO. August 08, 2026 Switch Inc. filed confidentially for a US IPO, according to people familiar with the matter, joining its data center peers in tapping demand for exposure to the artificial intelligence theme. The Las Vegas-based firm is working on a a listing that could take place as soon as in November, the people said. It's working with Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley on the offering, one of the people said. Separately, Ben Horowitz, co-founder of venture capital firm Andreessen Horowitz, is joining Switch's board, the people said, asking not to be identified as the information isn't public. Switch has been working on a funding round led by the firm, and could seek a valuation approaching $50 billion including debt, Bloomberg News reported in July. Details of the offering including the bank lineup and timing could still change, the people said. Representatives for Switch, Bank of America, Citigroup, JPMorgan and Morgan Stanley declined to comment. Spokespeople for a16z and Goldman Sachs didn't respond to requests for comment. Switch, which is majority owned by DigitalBridge Group Inc., has data centers in Nevada, Michigan, Georgia and Texas, according to its website. The filing comes as data center owners as well as suppliers of equipment and services to the facilities are gathering cash this year through US first-time share sales. Blackstone Digital Infrastructure Trust Inc., a data-center acquisition vehicle, raised $2 billion in an IPO in May. Brookfield Corp.-backed Csquare Inc. raised $1.21 billion in an IPO last month. A group including DigitalBridge and Australian infrastructure manager IFM Investors Pty bought Switch in a 2022 deal valued at $11 billion including debt. DigitalBridge agreed last year to be acquired by SoftBank Group Corp. Bloomberg

Report: Switch aims for stock exchange listing - could be valued at $80 billion. The American data center giant Switch has hired Goldman Sachs and JP Morgan Chase ahead of a stock exchange listing that could take place during the fourth quarter, Reuters reports citing sources. Today 09:46 The listing could raise up to $10 billion and value the company at close to $80 billion including debt. Switch operates large data centers for AI infrastructure and has, among others, Nvidia, Dell, and Fedex as customers. The company was taken private in 2022 in a deal worth about $11 billion. According to Reuters, the size, timing and valuation of the listing could still change.

Switch hires Goldman Sachs and JPMorgan for potential $80 billion IPO. 2 mins read 37 minutes ago * Switch, the Las Vegas data center operator, has hired Goldman Sachs and JPMorgan Chase to prepare an IPO that sources say could value it at up to $80 billion, nearly 20 times its 2017 public value. * Switch is raising roughly $2 billion in private funding first, with Andreessen Horowitz, Brookfield and KKR in the talks. * Reports are pointing to a listing in the fourth quarter and the IPO could rank among the largest tech offerings in recent memory. Las Vegas data center operator Switch has engaged top banks Goldman Sachs and JPMorgan Chase to help in the company's preparations for an IPO listing that could value the company at approximately $80 billion. Switch raised $531 million in a debut public listing in October 2017, valuing the company at about $4.2 billion. The data center firm then went private to restructure and invest without the pressure of quarterly earnings. A comeback to the public sector with an IPO valued at $80 billion would amount to about 20 times its original public value. Reports state that the firm is looking to launch the IPO during the fourth quarter closer to 2027. Valuation based on data center business. Switch is in charge of high-density data centers for more than 550 customers. The data center firm has steered its business toward more AI and cloud workloads and solutions. The conversation concerning the company's valuation is based on this current state and the firm's future potential. For comparison purposes, Equinix has a market cap of about $80 billion to $90 billion, being one of the largest publicly listed data center Real estate investment trusts (REITs). These are companies that own and operate the physical buildings for data centers. An $80 billion Switch would arrive at the top of the sector on day one of public trading. Switch was taken private in 2022 by DigitalBridge and IFT Investors for $11 billion. The company's data centers are also powered by renewable energy, a feature available since 2016, which may prove valuable to tech companies with stakes in decarbonization. Switch fixing finances prior to IPO. Switch is also in talks to acquire about $2 billion in private funding. This could value the company at about $50 billion including debt. These talks have been ongoing since June, and have involved Andreessen Horowitz, Brookfield and KKR. Since 2024, Switch has raised around $20 billion through credit facilities and asset-backed securities. This includes a $768 million green bond issued in April 2026. Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. Cryptopolitan strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. Opeyemi specializes in creating and refining high-quality content focused on cryptocurrency, global financial markets and the economy. He graduated from the University of Ibadan with an MBBS degree. He has worked as Editor-in-Chief for his College's editorial publication and previously at CFA. For over six years, he has helped safeguard uniqueness as news editor at Cryptopolitan. TABLE OF CONTENT