The proptech giant Airbnb could be set to file for an initial public offering (IPO) this year as Morgan Stanley and Goldman Sachs are helping the unicorn business.
Reports suggest that Airbnb could file for the IPO with the US Securities and Exchange Commission (SEC) this month, according to the Wall Street Journal.
The newspaper also reported that the uncertain timing of the SEC’s review process, along with changing the approval of investors could mean the expected IPO is most uncertain.
The newspaper added, that Airbnb could launch also go public by launching a direct listing or merge with a blank cheque company.
In April Silver Lake Partners and Sixth Street Partners invested $1bn to help Airbnb through the pandemic, through a combination of debt and equity.
The company has seen an increase in bookings between May and June and are optimistic of their financials and the usage of the platform, according to TechCrunch.
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