Is Koenigsegg Going Public? Investment Bankers Seem To Think So

The Swedish supercar manufacturer is worth around $1 billion. Still, an IPO would help raise cash to increase production.

By: Jeff Glucker

Mar 18, at 5:00pm ET

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Koenigsegg is worth an estimated $1 billion as of 2024.
Investment bankers have been spotted visiting the factory in Ängelholm, Sweden.
The company says it doesn't need the money now, but it would be useful for future unforeseen opportunities.

The current wait time for a new Koenigsegg ranges from four years to almost a decade, which is a long time for buyers eager to get their hands on a Swedish supercar. Koenigsegg is working hard to reduce that figure to two years. A healthy injection of serious capital could help.

Koenigsegg may be prepping to go public, according to Bloomberg. The Swedish supercar manufacturer isn't discussing a timeline for the move, but the building blocks are currently being put in place.

Koenigsegg Sadair's Spear

Photo by: Koenigsegg

Back in 2024, Koenigsegg sold a six percent stake in the company to a New York-based financial management firm. That piece was worth $58 million, giving Koenigsegg a valuation of around $1 billion at the time.

Over the years, Koenigsegg has attempted other financial deals, but nothing substantial has materialized. Still, the automaker insists it's in a good place at the moment. Production is slowly increasing, the number of employees continues to rise, and Koenigsegg doubled its sales between 2023 and 2024. The company is turning a profit.

The ship is moving in the right direction, which explains why various investment bankers have been spotted visiting the factory in Ängelholm, Sweden. Or maybe those folks are just clients eager to see where their Jesko or Gemera sits in the production queue.

What do you think?

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Motor1's Take: If Koenigsegg gambles on going public, there's a decent chance it could work. Ferrari, for example, set its IPO share price at $52. Today, Ferrari stock trades north of $300 per share. Hopefully, Koenigsegg sees a similar return, which would provide tremendous capital to increase the needed resources required to boost production and continue to grow.

All, of course, without sacrificing everything that makes Koenigsegg the intriguing automaker it truly is.