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The value of Airbnb could be up to 760 billion

Airbnb returned to higher valuations after lowering its internal estimate of its own market value by 16 percent to $ 26 billion (567 billion crowns) in early April as a result of the current crisis.

The company intends to sell approximately 57 million shares valued at $ 44 to $ 50 as part of its initial public offering (IPO).

Initial Public Offering (IPO) is a designation for listing on the stock exchange, when the company first offers shares to the general public.

According to Reuters, Airbnb’s admission to the stock exchange is the most anticipated American primary offer this year. In recent months, the recording company Warner Music Group, the analytical company Palantir and the data cloud operator Snowflake have also entered the stock exchange.

Already in the spring, Airbnb managed to raise one billion dollars (22 billion crowns) from investment groups Silver Lake and Sixth Street Partners, despite the slowdown in tourism.

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