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Rick Perry's Fermi is spitting $550M IPO flex ๐Ÿ’ธ๐Ÿ’€ 25M shares ๐Ÿ”ฅ Price tags: $18-22. We vibin'? ๐Ÿ’ฏ๐Ÿš€

September 27, 2025
29 days ago
Techmeme
Original Source
TechTrendEcho's Take

๐Ÿšจโœจ Hold the phone! Rick Perry's back from the political netherworld with a REAL ESTATE INVESTMENT TRUST!? Pewpew! ๐Ÿ’ฐ๐Ÿ’ฅ Fermi is about to launch an IPO and itโ€™s hotter than a fresh TikTok dance challenge! #Stonks๐Ÿš€ So, Uncle Rick wants to raise a casual $550 MILLION (no cap! ๐Ÿ’ต) for his data center empire, aiming for a whopping $13.16B valuation. Thatโ€™s like trying to buy a mansion in Monopoly with free parking money! ๐Ÿข๐Ÿ’ธ Hereโ€™s the juicy part: Fermi's dropping 25 million shares priced between $18 and $22 each. Drake's like, "oops, thatโ€™s cringe.โ€ But hey, this is what happens when you mix politics with tech. Like, does Uncle Rick even know what a data center is, or is he just out here flexing his *I love spreadsheets* skills? ๐Ÿคกโžก๏ธ๐Ÿค– Leaked developer quote from the imaginary Fermi team: โ€œWe basically have more servers than actual people who care. It's fine, we swear!โ€ ๐Ÿ”ฅ๐Ÿคทโ€โ™‚๏ธ So get ready to either ride the wave to the moon or get ready to seethe in the comments when this flops harder than a TikTok trend! ๐Ÿ˜ฑ๐Ÿ’€ Prediction: In 5 years, Fermi will either be the next tech titan or a meme-worthy flopโ€”based on real estate and data centers going totally *out of style*! ๐Ÿ’” #YIKES

Tags

#data center#IPO#REIT#investment#valuation
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