When did Peloton IPO?
On September 26, 2019, Peloton became a public company via an initial public offering, raising $1.16 billion and valuing the company at $8.1 billion. After reaching a market valuation of $50 billion in January 2021, the company's valuation was back to around $8 billion by April 2022.
Peloton became a public company via an initial public offering on September 26, 2019.
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction: When did Peloton IPO?
### Input: On September 26, 2019, Peloton became a public company via an initial public offering, raising $1.16 billion and valuing the company at $8.1 billion. After reaching a market valuation of $50 billion in January 2021, the company's valuation was back to around $8 billion by April 2022.
### Response: Peloton became a public company via an initial public offering on September 26, 2019.