Figma, a company that makes design software, said on Tuesday that they have secretly started the process to become a public company (IPO) by submitting their documents. We will only find out more when these documents are made public, which will likely happen in about a month at the earliest.

However, because the stock market is unstable due to the Trump administration's trade policies and taxes on imports, trying to sell a company's shares to the public for the first time now is surprising, even just for talking about it. Klarna and StubHub, two big tech companies that were planning to sell shares last month, stopped their plans in early April after the stock market went down because of news about taxes on imports. They have not set new dates yet.