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2 September 2026

SB Energy, SoftBank's data center unit, files to go public with $50 billion valuation

First reported

CNBC ran this on , a day before the next source picked it up.

  • SB Energy Inc., owned by SoftBank Group Corp., builds power plants and data centers for AI companies. It filed to list shares on Nasdaq under ticker SBE, seeking to raise $5 billion to $7 billion.
  • The company lost $3.2 billion in the first half of 2026 while earning $139 million, mostly from legacy energy projects. No revenue came from its data center business, which remains under construction.

Reported by SiliconANGLE, CNBC