Editor’s Note: SpaceX just IPO’d – and Elon Musk is preparing to release his Ultimate Master Plan to create a $10 trillion empire.
5 secret partners are critical to achieving Elon’s new Master Plan. And investors could be looking at quick gains of 185% - 428%.
Lime is going public.
The company offers people access to e-bikes and scooters in 230 cities and 29 countries. It's also a hardware-heavy company in a regulated industry, carrying debt, with a major investor that doubles as a major revenue source.
The company is officially named Neutron Holdings – but operates using the name Lime and filed to list on the Nasdaq under the ticker LIME. It's targeting a valuation of up to $1.66 billion.
Neutron Holdings
Nasdaq: LIME
IPO Price Range: $24 - $26 per share
Target Raise: $174 million
Market Cap: $1.77 billion
IPO Date: July 1, 2026
The deal is small by 2026 standards. Lime and some existing shareholders are selling 7 million shares, priced between $24 and $26 each. The offering aims to raise roughly $174 million.
Uber is buying into the IPO.
Did you miss the SpaceX IPO at $135 / share? If the answer is YES, please click here.
Uber has owned a piece of Lime since 2020, when it led a funding round during the pandemic. It's now Lime's largest outside investor, with +20% ownership of the company. SEC filings show that Uber plans to anchor the IPO offering with a $20 million investment.
When a strategic investor participates in an IPO, it sends a signal to other buyers. Uber isn't a passive bystander here — about 14% of Lime's revenue last year came through riders who booked a Lime scooter or bike inside the Uber app.
The two companies are tied together in other ways too. Lime's CEO, Wayne Ting, is a former Uber executive. And the partnership that funnels riders from the Uber app to Lime vehicles runs through 2028.
Lime currently has $115 million in debt that comes due in September. That refinancing deadline may be driving the urgency to go public now. Lime plans to use the majority of the IPO proceeds to pay off this loan.
The business itself is growing. Revenue hit $886.7 million in 2025, up 29% from the year before. But Lime has lost money every year since it was founded in 2017, including a $59.3 million net loss last year. The business is profitable on an adjusted basis.
The IPO is expected to price on June 30 and trading should begin July 1. Goldman Sachs, J.P. Morgan, and Jefferies are leading the deal.
Most investors missed out on the SpaceX IPO.
The IPO raised $86 billion in fresh capital for the leading space stock. And Elon Musk is preparing to unveil a new Ultimate Master Plan for SpaceX.
5 hidden partners could see windfall profits in the coming months. And I’m predicting triple-digit gains for these stocks.
Here’s how to invest – before Elon’s next announcement.
Ian Wyatt
Editor, IPO Watch