Blackstone Considers IPO for Data Center Acquisition Company
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2026
0mins
Blackstone (BX) is considering a initial public offering for an acquisition company that will focus on data centers, Bailey Lipschultz of Bloomberg reports, citing people familiar with the matter. The IPO could raise $2B in an offering being led by Goldman Sachs (GS), sources told Bloomberg.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 114.880
Low
166.00
Averages
176.60
High
205.00
Current: 114.880
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Quarterly Performance: The S&P 500 rose approximately 15% in Q2, while the tech-heavy Nasdaq surged 21%, reflecting strong market confidence in the technology and semiconductor sectors, which are driving economic recovery.
- Sector Performance Divergence: While tech stocks excelled this quarter with a 30% increase, industrials also gained about 14%, contrasting sharply with the energy sector, which suffered significant losses due to a pullback in oil prices, indicating varied investor sentiment across sectors.
- Goldman Sachs Downgrade: Oppenheimer downgraded Goldman Sachs from hold to sell, citing limited upside in current valuations for investment banks, although analysts remain optimistic about Goldman’s trading and deal-making strength ahead of earnings, suggesting robust revenue prospects.
- Capital One's Positive Outlook: Piper Sandler rated Capital One as outperform with a $254 price target, arguing that the company's transformation post-Discover acquisition is not fully reflected in its stock price, and expects significant earnings enhancement from operational efficiencies in the coming year.
See More
- Semiconductor Sector Surge: The Philadelphia Semiconductor Index soared over 80% in Q2, driven by a surge in AI computing demand, highlighting strong market interest in semiconductors, while Nvidia's stock only gained about 12%, failing to keep pace with industry growth.
- Intensifying Competition Impact: Nvidia faces competitive pressure from major clients like Google and Amazon, who are developing their own AI chips, leading to diminished investor confidence in Nvidia's future growth and potentially impacting its market share and profitability.
- Insufficient Buyback Plans: Despite Nvidia's plan to repurchase $80 billion in stock in FY2025, analysts argue this is inadequate and recommend the company adopt a more aggressive buyback strategy similar to Apple's to enhance earnings per share and shareholder returns.
- Increasing R&D Investments: Nvidia's R&D spending reached $13.65 billion in FY2024, a 45% increase year-over-year, yet market expectations for future growth remain clouded by competition and market dynamics, necessitating buybacks to bolster investor confidence.
See More
- Semiconductor ETF Performance: The VanEck Semiconductor ETF (SMH) is on track for a 70% surge in Q2, driving chip stocks higher, with Astera Labs up 7%, KLA Corp up 8%, and Applied Materials up 5%, indicating strong market confidence in the semiconductor sector.
- Watts Water Upgrade: Watts Water Technologies jumped over 7% after Barclays upgraded its rating to overweight, as the company is seen as best positioned to benefit from the data center capital expenditures cycle with its expanding portfolio in waste and water technology.
- Abivax Stock Surge: U.S.-traded shares of French biotech company Abivax soared 40% after releasing new data on its ulcerative colitis treatment, showing malignancy rates in line with expectations and over 37% of initially non-responsive patients achieving clinical remission after about 10 months, highlighting treatment efficacy.
- Air Products Project Cancellation: Air Products and Chemicals rose over 8% after announcing it would not proceed with its Louisiana Clean Energy Complex, which is expected to incur up to $2.9 billion in pretax charges, reflecting the company's stringent financial return criteria.
See More
- New Unit Launch: Amazon Web Services (AWS) has announced a $1 billion investment to establish a new Forward Deployed Engineering unit aimed at assisting customers in building and rolling out artificial intelligence systems, thereby enhancing the speed and efficiency of customer technical transformations.
- Embedded Engineers: AWS plans to embed thousands of Forward Deployed Engineers (FDEs) at customer sites, starting with an initial pod of five to six engineers who will work closely with clients' business and security teams to ensure rapid delivery of self-sufficient solutions.
- Market Competition: As the first hyperscaler to announce such an initiative, AWS aims to compete directly with rivals like OpenAI and Anthropic in the AI space, further solidifying its market leadership position.
- Customer Demand Response: AWS's vice president stated that speed is currently the primary concern for customers, and the introduction of FDEs will help accelerate value delivery, addressing urgent needs for rapid technology iteration, especially in highly regulated industries.
See More
- Earnings Surprise: AeroVironment reported earnings of $1.84 per share and revenue of $642 million, surpassing analyst expectations of $1.46 and $559 million, leading to a 30% stock surge that underscores the company's robust performance in the drone sector.
- Acquisition Impact: Digital Realty Trust's agreement to purchase three fully leased data centers for $7.8 billion resulted in a 4.5% stock decline, raising concerns about its financial stability and prompting investors to monitor future earnings performance closely.
- Regulatory Investigation Pressure: Shares of Merck and AbbVie fell by 0.6% and 0.5%, respectively, following reports of a U.S. House committee probing their involvement in clinical trials that may have aided China's military capabilities, potentially harming their reputations and future business prospects.
- Market Volatility: Strategy stock, after a significant 22.6% gain, retraced over 3%, reflecting market sentiment instability, which necessitates cautious evaluation of its future trajectory by investors.
See More
- Acquisition Overview: Digital Realty announced a $3.5 billion acquisition of Blackstone's three data centers in Virginia, comprising $1.2 billion in cash and $2.3 billion in stock, with shares falling 5.4% in premarket trading despite the deal's completion expected on Tuesday.
- Asset Value and Market Impact: The three data centers are valued at $7.8 billion, with Digital Realty acquiring an 80% stake in two 96-megawatt facilities and a 50% stake in another, thereby strengthening its position in Virginia, the world's largest data center market.
- Future Development Expectations: The first two data centers are projected to stabilize by the first half of 2027, while the third is expected to be operational by the first half of 2028, providing the company with ongoing growth potential and a robust product pipeline to support its strategic private capital platform.
- Deepening Partnership: This transaction signifies the next phase of Digital Realty's partnership with Blackstone, highlighting the company's commitment to increasing investments in high-quality hyperscale assets to meet rising market demand and enhance its competitive edge.
See More











