Switch taps Goldman and JPMorgan for an IPO that could value it near $80 billion

Founder Rob Roy's data center operator could raise up to $10 billion as AI infrastructure demand sends another private-market asset toward Wall Street.

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Primary source: Reuters

Why it matters

Switch's possible IPO is a test of how much public investors will pay for AI's physical bottleneck: powered, cooled data center capacity controlled by a founder-led operator.

Large-scale data center infrastructure meeting financial markets (Satellite imagery with detailed cartographic overlays highlighting infrastructure, energy flows, and financial district boundaries)

Switch, the Las Vegas data center operator founded and led by Rob Roy, has hired Goldman Sachs and JPMorgan Chase as lead underwriters for a possible U.S. IPO that could raise up to $10 billion and value the company close to $80 billion including debt, Reuters reported on July 13th.…

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