DayOne Weighs Delay or Smaller US IPO

Oct 21, 2026
DayOne is considering delaying its US IPO or reducing the offering to between $2.5 billion and $3 billion as data center stocks face market volatility.

DayOne Data Centers Ltd. is considering delaying or reducing the size of its proposed Nasdaq IPO, according to a Bloomberg report published by The Star.

One option would reduce the offering to between $2.5 billion and $3 billion, compared with an earlier target of up to $5 billion. The Singapore based data center operator had sought a valuation of about $20 billion.

No final decision has been made, and DayOne could still proceed with the offering in the coming weeks. Morgan Stanley, JPMorgan Chase, Bank of America and Citigroup are leading the proposed listing.

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