Key facts
- SB Energy, a unit of SoftBank Group, is reportedly considering delaying its IPO.
- The company faces skepticism over its $50 billion valuation target.
- SB Energy has submitted a revised registration for its IPO.
SB Energy, a data center-focused unit of Japan's SoftBank Group, has submitted a revised registration for its planned initial public offering. However, U.S. media reports indicate that the company may postpone its debut due to valuation concerns. The $50 billion target for the IPO is reportedly facing skepticism. SoftBank Group CEO Masayoshi Son was present at a groundbreaking ceremony for a power plant adjoining a data center in Ohio.