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“#Airbnb hikes IPO price range for potential $42B valuation” Airbnb plans to raise the target price range for its initial public offering this week to potentially give itself a nearly $42 billion valuation, according to reports. The vacation-rental giant now plans to list its shares for $56 to $60 apiece, up from the range of…
“#Luminar founder Austin Russell, 25, is billionaire after IPO” The founder of a startup that helps cars drive themselves just became a billionaire — and he’s barely old enough to rent a car on his own. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company’s stock market debut this week. The…
“#George Soros says he regrets investing in Palantir as stock surges” George Soros claims he has buyer’s remorse about his investment in Palantir — even though he’s kept his lucrative stake through some of the secretive Silicon Valley firm’s biggest controversies. The left-leaning billionaire’s eponymous fund revealed last week that it owns more than 18…
“# Mike Novogratz’s Galaxy Digital to launch new Bitcoin fund in Canada ” Galaxy Digital, a cryptocurrency merchant bank founded by Mike Novogratz, is expanding its crypto offerings in Canada. According to a Nov. 16 announcement, Galaxy Digital has partnered with major Canadian investment company CI Global Asset Management to launch a public Bitcoin (BTC)…
“#Airbnb files for IPO, reveals widening losses and falling revenue” Airbnb filed for its long-awaited initial public offering revealing widening losses and falling revenue as the pandemic has kneecapped the travel industry. In a so-called S-1 securities filing on Monday, the home rental company admitted that its loss for the first nine months of the…
“#Doordash files for IPO, reveals sales have soared during pandemic” Doordash filed to take itself public on Friday, setting the stage for a blockbuster IPO by the end of this year. The fast-growing food-delivery giant, which in just seven years has become the US’s No. 1 service of its kind, said in a prospectus that…
“#’Doctor Mike’ calls for probe of scrubs maker Figs” A celebrity doctor says he has been flooded with alarming social-media messages about medical scrubs startup Figs — and now he’s calling on the authorities to intervene, The Post has learned. Dr. Mikhail Varshavski — who was named People’s “Sexiest Doctor Alive” in 2015 and who…
“#Airbnb reportedly to make IPO filing public next week despite COVID-19” Airbnb plans to make its IPO registration public next week, putting it on course for a New York stock market debut in December even as the COVID-19 pandemic intensifies, two people familiar with the matter said Thursday. The home rental company’s planned debut on…
“#Ant Group’s $37 billion suspended by China” China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go, in a dramatic move that left investors and bankers scrambling for answers. The Shanghai stock exchange first announced that it had suspended Ant’s initial public offering on…
“# INX to boost its $117M IPO with token listings on global exchanges ” INX, a global digital asset trading platform, is expanding its ongoing initial public offering with listings on exchanges worldwide. In a move to boost the liquidity in its $117 million IPO, INX has applied with the Canadian Securities Exchange to list…