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A detailed still life composition featuring a stylized stock certificate for Pershing Square USA, a stack of crisp $100 bills totaling $5 billion, and a sleek, modern tablet displaying a graph with an upward trend, symbolizing successful investment in sports assets.

Pershing Square USA raises $5 billion in IPO

Bill Ackman’s Pershing Square USA raises $5 billion in IPO, signaling a major shift in sports investment and asset valua…

David Hale·April 30, 2026, 3:01 AM

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