The Womb Boom (opens in new tab)

Few industries have such leverage. Once merely expensive, surrogacy has become a luxury arms race, with private equity snapping up clinics, agencies, and egg banks. Can a new $600,000 white-glove service really be worth it? By Mark Ellwood How much would you pay to be a parent? For years, Americans who turned to surrogacy could expect to spend about $100,000 on what the industry calls the “surrogacy journey.” For deep-pocketed intended parents—the term for those who plan to raise a baby born ...