By Amber Deter Rumors of a Rackspace IPO are rapidly spreading. Investors are now asking if the rumors are true. Will Rackspace stock be back on the market?
If Rackspace goes public, it wouldn’t be the first time. But times are different, and the coronavirus is a big factor for any IPO. So, will Rackspace go public? Here’s what we know…
Rackspace IPO: The Business
Dirk Elmendorf, Richard Yoo and Pat Condon founded Rackspace in 1998. Rackspace is an American technology company based in Windcrest, Texas. But the company also has offices in Australia, Switzerland, Germany and Singapore, just to name a few. It’s a cloud …read more
