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Airbnb Stock Split Pre-IPO Will Make It Cheaper for Individual Investors

Dennis Schaal photo
Dennis Schaal

Photo Credit: This is a file photo of a Pasadena, California house that was listed on Airbnb and used as a meeting space pre-pandemic. Airbnb is doing a stock split for existing investors. Airbnb

Skift Take

An Airbnb pre-IPO stock split gives the company's potential public debut more momentum because its share price in theory would be lower. Of course, none of Airbnb's IPO paperwork is public yet so the particulars of the IPO are just guesswork for now.

Airbnb could be making it easier for retail investors to participate in its expected initial public offering. That's one way to look at Bloomberg's story that the Airbnb board approved a two-for-one stock split of its privately held shares that become effective Tuesday. For those venture capitalists that already own shares, the value of each one will climb 10.4 percent after the split. "Before the split, the shares were valued at $69.76 each as of Sept. 30, compared with $63.15 at the end of the previous period, according to the email," Bloo

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