Spotify’s Valuation Has Increased to $19 Billion USD

A 20% increase from earlier this year.

Tech
6,142 Hypes 6 Comments

Spotify, planning a stock market listing, has recently grown close to a $19 billion USD valuation in the past few months. The value of the music streaming service has outperformed U.S. and European tech indexes, taking place at above $4,000 USD per share, according to sources.

Earlier this year, the Swedish company stood at a value of $16 billion USD, increasing by 20% in that stretch. Spotify said it wanted to go public without raising more money in April. It’s speculated Spotify is aiming to file its intention to float its stock on the public markets with U.S. regulators toward the end of this year. Also supporting theories of Spotify’s increasing value, the Chinese investment holding conglomerate Tencent recently acquired new Spotify shares, which implies an estimate of $5,000 USD per share. Will you be buying Spotify stock if they go public? Chime in below.

Read Full Article

What to Read Next

Here's What Went Down at Spotify’s RapCaviar Event for ‘I KNOW NIGO’ Release
Events 

Here's What Went Down at Spotify’s RapCaviar Event for ‘I KNOW NIGO’ Release

Presented by Spotify
A star-studded affair that brought the visual world of NIGO’s album to life.

Spotify To Add Content Warning to Podcast Episodes Discussing COVID-19
Tech

Spotify To Add Content Warning to Podcast Episodes Discussing COVID-19

After Neil Young and Joni Mitchell pulled their music from the platform as a form of protest against Joe Rogan.

Nike Fiscal 2022 Revenues Increase 5% to $46.7 Billion USD
Footwear 

Nike Fiscal 2022 Revenues Increase 5% to $46.7 Billion USD

Although fourth-quarter results saw a decline.


Apple's $19 USD Polishing Cloth is Back
Tech

Apple's $19 USD Polishing Cloth is Back

After being unavailable for months.

Under Armour's Curry 4 Colorways Usher in The Season of More
Fashion 

Under Armour's Curry 4 Colorways Usher in The Season of More

Presented by Under Armour
Keeping it clean for the winter.

LOIT Gets Nocturnal With New Editorial Featuring Canada Goose
Fashion

LOIT Gets Nocturnal With New Editorial Featuring Canada Goose

The luxury retailer gives the brand’s outerwear staple a fashion-forward spin.

BAPE Store NY Celebrates 13 Years With Newest Capsule
Fashion

BAPE Store NY Celebrates 13 Years With Newest Capsule

Featuring Liberty Ape.

A Rare Preproduction Aston Martin DB4 Hits the Market
Automotive

A Rare Preproduction Aston Martin DB4 Hits the Market

The car that inspired the ‘James Bond’ franchise.

The adidas Y-3 Saikou Silhouette Is Now Available
Footwear

The adidas Y-3 Saikou Silhouette Is Now Available

Black and white options.


YSL Rapper T-Shyne Shares New Single, "Timing" Featuring 2 Papi
Music

YSL Rapper T-Shyne Shares New Single, "Timing" Featuring 2 Papi

Produced by Lil Yachty’s Sailing Team producer, Earl The Pearll.

Nike Finally Unveils the Kyrie 4 In "Confetti" And "Blk/Wht"
Footwear

Nike Finally Unveils the Kyrie 4 In "Confetti" And "Blk/Wht"

“Honoring Kyrie’s win-or-learn mentality.”

Watch N.E.R.D. Return to the Stage on 'Jimmy Kimmel Live!'
Music

Watch N.E.R.D. Return to the Stage on 'Jimmy Kimmel Live!'

Pharrell, Chad and Shay are officially back.

Hiroshi Fujiwara May Have Teased a Fragment Design x RIMOWA Collaboration
Fashion

Hiroshi Fujiwara May Have Teased a Fragment Design x RIMOWA Collaboration

However it’s likely just a custom electronic tag.

Lomography Launches Its Neptune Convertible Art Lens System
Tech

Lomography Launches Its Neptune Convertible Art Lens System

Accommodating 35mm f/3.5, 50mm f/2.8 and 80mm f/4 optical configurations.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.