### Comment:
Why have they never gone public after reporting about launching their IPO? The world is shifting faster towards renewables and clean energy. Just the U.S. has ass backwards positions on fossil fuels/climate change. But if the Saudi’s are hard strapped for money I wouldn’t be surprised if they get it from U.S. equities

### REPLY:
It's an extremely complicated transaction. Google 'Matt Levine' and Aramco IPO - he has written about it several times in his Bloomberg column. 
  
 They aren't that hard up for cash because the cash flow from Aramco is so massive. The point of the IPO is to sell a portion of the future cash flows and invest in other stuff. In the meantime they've been issuing bonds rather than the IPO.

### END.