Bloomberg reports on the Airbnb IPO that . . .
The 2020 presidential election continues to dominate the news headlines. And the home-sharing platform doesn’t want politics to put a cloud on its plans.
This may open the door for you to secure Pre-IPO shares.
Filings on the Airbnb IPO were expected this week. Airbnb had planned to release its initial public offering filings with the Securities & Exchange Commission.
The company assumed that the presidential election would be determined last week . . . and that business would return to normal by mid-November.
Unfortunately, that’s not the case.
On Saturday, new organizations declared that former Vice President Biden had won the election. The Associated Press expects he’ll win 290 electoral college votes – more than enough to secure the White House.
Yet President Trump insists that he’s won the election.
Ultimately, it isn’t the media, Trump or Biden that determines the election result. The 50 states will certify the election results. And that’ll determine the winner of this election.
Until that happens, things appear to be a little bit uncertain.
That’s why Airbnb is delaying the release of its IPO plans (click here for today’s urgent briefing with details).
Inside the Airbnb IPO
Airbnb is expected to go public by the end of 2020. And that likely means trading in the stock will start before Dec. 18.
The company plans to raise $3 billion from investors.
Airbnb is expected to go public with a $30 billion valuation.
That would make the company more valuable than many other travel related stocks:
- United Airlines: $11 billion
- Carnival: $14 billion
- Delta Air Lines: $22 billion
- Hilton Hotels: $28 billion
The Airbnb IPO could be the second-biggest IPO of 2020. Snowflake (NYSE: SNOW) is the only deal that’s bigger. That company raised $3.4 billion at a $42 billion valuation.
Billionaires are already scooping up shares of Airbnb BEFORE the stock goes public. For example, Amazon (NASDAQ: AMZN) CEO Jeff Bezos bought shares years ago. And he could be looking at a 26,686% profit!
That’s enough to turn $5k into over $1.4 million!
Today, I’m going to show you how to use this little-known secret. And it could let you grab Pre-IPO shares of Airbnb, SpaceX and TikTok before these private companies IPO.
Yours in Wealth,