Data center firm's planned $30B IPO collapses within two days

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A data center company's plans for a $30 billion initial public offering were cancelled. The IPO process failed over a period of just 48 hours. The event was reported by Bloomberg on October 9, 2026. The company, referred to as a market favorite, saw its fundraising ambitions abruptly end. Specific reasons for the collapse were not detailed in the provided source.

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