What was notable about the IPO of General Motors in 2010?

The IPO of General Motors in 2010 was particularly notable because it was indeed the largest IPO in U.S. history at that time. The offering raised approximately $20.1 billion, making it a significant event in the capital markets. This IPO was crucial not only for General Motors but also for the economy, as it symbolized a significant recovery for both the company and the automotive industry after the severe downturn during the financial crisis.

While there were other noteworthy aspects surrounding the IPO, such as it being one of the first major IPOs following the financial crisis, the distinction of being the largest at that point in time highlights its scale and importance in the market. The magnitude of the IPO captured the attention of investors and analysts alike, demonstrating renewed confidence in a company that had once required a government bailout.