Skip to main content

How much is Twitter worth? New IPO details give us a clue

Twitter logo
Chirp, chirp
Audio player loading…

If you aren't sick of the Twitter IPO yet, we have another tidbit for you.

The company's updated SEC filing shows Twitter wants to sell its shares, 70 million in all, for $17 - $20 a pop, or about £10/AU$17.68 to £12/AU$20.81 in straight conversions. It could collect $1.4 billion (about £987m, AU$1.66b) at the top-end.

The numbers are significant because if Twitter is able to get $20/share, it would value the company at $10.9 billion (about £6.72b, AU$11.3b). It's a "modest" figure according to most, and it's less than the $15 billion (about £9.25b, AU£15.6b) value some analysts assigned. However, there's a good chance the price will rise as Twitter starts its investor "road show."

Twitter seems to be taking a conservative path to its IPO, especially after Facebook's public offering debacle. According to Reuters, the microblogging site could start trading as soon as November 7.

We're sure we'll see a tweet before the action kicks off.

More blips!

Buy, sell, buy, sell? There's no back and forth when it comes to our blips. Simply click and read.

Michelle Fitzsimmons
Michelle Fitzsimmons

Michelle was previously a news editor at TechRadar, leading consumer tech news and reviews. Michelle is now a Content Strategist at Facebook.  A versatile, highly effective content writer and skilled editor with a keen eye for detail, Michelle is a collaborative problem solver and covered everything from smartwatches and microprocessors to VR and self-driving cars.