https://techmonitor.ai/technology/silicon/arm-priced-at-51-per-share-in-largest-ipo-of-the-year

UK-based chip designer Arm was valued at $54.5bn after its initial public offering (IPO) in New York on Wednesday. This set the per-share value at $51 with cornerstone investors coming from some of its biggest customers including Apple, Nvidia and Samsung. 

Japanese investment company SoftBank took full control of the company last month after acquiring the 25% stake it didn't already own. It purchased the stake from its own $100bn Vision Fund earlier this year for $16bn, valuing the company at $64bn.