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How to buy Savage X Fenty stock when it goes public

Here's everything we know so far about the Savage X Fenty IPO.

Savage X Fenty is expected to go public soon. Here's what we know about the IPO — and how to buy Savage X Fenty stock when it's available.

What we know about the Savage X Fenty IPO

Savage X Fenty—a California-based lingerie company founded by singer and entrepreneur Rihanna in 2018—may go public. In March 2022, Bloomberg reported the company was working with Morgan Stanley and Goldman Sachs on an IPO that could take place this year.

Details of the IPO, such as the exact timing, stock exchange, ticker symbol, size of the offering and expected share price, have not been announced. Savage X Fenty has not yet filed a viewable prospectus with the Securities and Exchange Commission (SEC).

There is speculation that the company, which secured $125 million in funding earlier this year, could be valued as high as $3 billion. Rihanna is believed to own a 30% stake in Savage X Fenty, bringing her overall net worth to approximately $1.7 billion.

We'll update this page when more information available.

How to buy Savage X Fenty stock when it starts trading

Once Savage X Fenty goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Savage X Fenty stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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