Airbnb Soars 115% Valuation Past $100 Billion

Airbnb Soars 115% Valuation Past $100 Billion

Mike WindleGetty Images for Airbnb Airbnb soared 115 at the open in its trading debut on Thursday, giving the peer-to-peer lodging service a market valuation of more than $100 billion. Airbnb raised $3.5 billion in funds when it priced its IPO at $68 per share, giving it an initial market valuation of $47 billion. An IPO frenzy has quickly materialized in the fourth quarter of 2020, given the eye-popping surge in recent trading debuts for DoorDash and C3.ai.


User: Wochit Entertainment

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Uploaded: 2020-12-10

Duration: 00:33

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