South Korea's SK hynix raises $26.5 bn in mega US stock sale
AFP
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The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. (Photo: AFP)

South Korean chip giant SK hynix on Friday priced its mega US listing at $149 per share, raising around $26.5 billion in what is set to be the world's second largest stock sale after SpaceX.

The company said it will sell 177.9 million American Depositary Shares on Wall Street's tech-heavy Nasdaq exchange, with trading expected to begin later on Friday.