Airbnb will sell shares at $68 each in its initial public offering Thursday, setting a $47 billion valuation for the company, a person familiar with the matter said. The pricing shows investors believe Airbnb will climb out of its worst year ever, as revenue has declined the last two quarters. The per-share price is more than double the company’s common stock valuation from August, and 30%...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
