583 US firms went public under Trump: SEC

583 US firms went public under Trump: SEC

A total of 583 companies have gone public in the United States since President Donald Trump took office, raising $208 billion, according to Securities and Exchange Commission (SEC) Chairman Paul Atkins.

Atkins said the figures reflect a significant revival in the US initial public offering (IPO) market, which the Trump administration has sought to boost by reducing regulatory barriers for companies seeking to list their shares.

“Since Inauguration Day, 583 companies have gone public,” Atkins said at a White House event, adding that the figure was 75 per cent higher than the number recorded during the final year and a half of the Biden administration.

He said the companies had raised nearly $208 billion, almost four times the amount raised during the comparable period of the previous administration.

Atkins did not provide a detailed breakdown of the figures but said the SEC was working to reduce regulations that could discourage privately held companies from entering public markets.

“We’re making IPOs great again,” Atkins said, describing the regulatory changes as a significant turnaround rather than incremental progress.

The remarks came during a White House gathering attended by executives from major stock exchanges, financial technology companies and cryptocurrency platforms. The event preceded the first meeting of the Commodity Futures Trading Commission’s Innovation Advisory Committee.

Intercontinental Exchange founder Jeffrey Sprecher, whose company owns the New York Stock Exchange, credited the administration’s trade, energy and tax policies with contributing to strong market performance.

Sprecher also pointed to increased business formation in the US and called for regulators to modernise outdated rules without weakening the foundations of the financial system.

Cryptocurrency regulation was another major focus. Atkins said the SEC’s proposed Crypto Assets Rule could provide greater certainty for digital-asset companies seeking to raise capital.

He also urged Congress to pass the CLARITY Act, which aims to establish a broader regulatory framework for digital assets.

Trump separately claimed that the US stock market had reached 80 all-time highs during his current tenure and said 401(k) retirement accounts had also reached record levels.