SoftBank Group is trading at ¥6376, up +3.12%, as investor sentiment improves around SB Energy’s planned U.S. IPO.
- Reuters reported that SB Energy intends to sell up to $500 million in shares to Japanese investors.
- SB Energy could seek a valuation near $50 billion.
- SoftBank Group is rebounding after the recent OpenAI-related selloff; the move appears company-specific and remains partly a recovery from earlier losses after a volatile week.