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General Motors officially crosses the “biggest IPO ever” mark

  • $23.1
    billion
    the size of GM’s IPO, officially the biggest global IPO on record
  • $49.5
    billion
    the amount they owe the government for their bailout source

» What’s needed next? If the government hopes to break even on its huge investment in GM, the stock needs to hit around $50 a share. It’s currently at $33.80, but if, say, the Chevy Volt is a huge success on the market, it could definitely hit that mark.

November 27, 2010 // 11:43 // 3 years ago
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