Possible size of Ripple IPO sparks speculation

Ripple's initial public offering (IPO) has been a hot topic among holders. Recently, Ripple CEO Brad Garlinghouse made it clear that an IPO for the company is not a top priority. However, he also stated that they have been actively exploring markets outside of the U.S. for an IPO due to the hostile regulatory environment in the U.S. Nonetheless, analysts and community members continue to speculate on its potential size. Recently, Zach Rector, a prominent community member who specialises in covering X Financial Markets, took to social media to speculate on the potential size of a future Ripple IPO. First, he cited examples of the largest IPOs in history, including Saudi Aramco (raising $25.6 billion), Alibaba ($21.8 billion), SoftBank, Visa, Meta (Facebook), etc. Rector gave multiple examples and arguments about the potential for the Ripple IPO to be significant, including the fact that the company is part of an innovative industry, has the potential to be transformative, has a a group of outstanding experts, and the large amount of XRP that Ripple has in escrow.Recently, the company made $285 million worth of buybacks, valuing the company at $11 billion. He also said that there could be some catalysts in the future that could seriously impact the size of the Ripple IPO. Specifically, he mentioned the lawsuit with the SEC and the possible positive outcome. He believes that this would send a great deal of confidence to investors, coupled with Ripple's "strong cash flow".