Stock-trading app Robinhood has filed confidentially for a U.S. public offering, Bloomberg reports . The Silicon Valley-based business plans to list its shares on the Nasdaq, according to a previous report from CNBC . Whether the company is planning a traditional IPO or a direct listing is not yet clear. Robinhood raised several billion dollars earlier this year amid record-breaking...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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