Uber Is Going Public With $75.5 Billion Valuation

Credit: Wochit News
Published on May 10, 2019 - Duration: 00:32s

Uber Is Going Public With $75.5 Billion Valuation

Uber's initial public offering priced at $45 a share on Thursday evening.

That gives it a valuation of $75.5 billion.

Markets Insider compared Uber's valuation with other companies and big-ticket items. Uber's valuation is approaching the level of General Motors and Ford combined.

Early Uber investors will record significant gains on their investments.

Co-founder Garrett Camp will have a stake worth over $4.5 billion.

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Uber Is Going Public With $75.5 Billion Valuation

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