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.
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.
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.
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.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
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