Investors express skepticism over Firmus data centre IPO valuation
Story essentials
Firmus
Australia
October 1, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 110/4/2026, 11:40:53 AM
Australian data centre operator Firmus plans a US$5 billion IPO. Investors are questioning the US$30.6 billion valuation, which tripled in two months. Concerns raised regarding debt levels and unproven project execution.
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