On Saturday, President Trump wrote on Twitter that he “would very much appreciate” Saudi Arabia bringing the IPO of Saudi Aramco – which is a state-owned oil company – to New York.

As of right now, a decision has yet to be made on where that listing – forecasted next year – will take place. According to Saudi officials, it has the potential to raise as much as $100 billion.

However, some speculate that the offering – up to 5% of Aramco – will not go ahead. In October, several news outlets reported that Saudi Arabia might bench these plans in favor of an offer by a Chinese investor to purchase a stack in the largest energy company in the world.

To no surprise, Trump’s tweet came hours ahead of a tour of Asia. Bloomberg cited a person close to the matter, saying the president’s comment was a surprise for Aramco.

This past week was supposed to be the biggest week for IPO’s in months, but after an optimistic start, several stocks debuted below those offering prices.

Eight separate companies went public in the week ending November 3, which marks the most since June.

For those who don’t know, an IPO stands for ‘initial public offering.’ 

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