Airbnb said to price IPO between $67 and $68

Airbnb said to price IPO between $67 and $68

3 years ago
Anonymous $y15ULlV7sG

https://techcrunch.com/2020/12/09/airbnb-said-to-price-ipo-between-67-and-68/

The WSJ is reporting that Airbnb is expected to price its IPO at either $67 or $68 per share. The American hospitality unicorn raised its IPO price target earlier this week, from $44 to $50 to $56 to $60.

While we’re still waiting for official pricing, Airbnb is worth $41 billion at its IPO price, using the upper pricing estimate and the company’s share count of 602,448,251 from its most recent S-1/A filing. That figure rises sharply if we included more than 50 million shares that could be added to the mix upon the exercise of vested employee options. The company’s fully-diluted valuation at its IPO price was calculated to be $47 billion.