SoftBank Group is preparing U.S. initial public offerings for its energy infrastructure unit, SB Energy, and its robotics spinoff, Roze. Goldman Sachs and JPMorgan have been enlisted to manage the listings. These IPOs could take place as early as September 2026.
SB Energy recently filed confidentially for an IPO and could seek a valuation exceeding $50 billion. Founder Masayoshi Son intends to use the proceeds to fund a significant expansion into AI infrastructure.
SB Energy develops power solutions specifically for data centers. Roze utilizes robotics to automate the construction of these facilities.