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Airbnb's share worth skyrocketed during early buying and selling, at one level rising as a lot as 140%. The high share price puts the corporate's valuation at around $100.7 billion, in line with the Wall Street Journal, that means it is now value more than the Marriott and Hilton hotel chains combined. Earlier this yr, throughout a fundraising round in April, Airbnb was privately valued at about $18 billion.
It also has been in Apple's crosshairs. The iPhone large filed a lawsuit against Williams in December 2019 for breach of contract. It accused him of beginning Nuvia whereas nonetheless at Apple and said he recruited his former colleagues. Williams countersued in February 2020, alleging Apple has been doing the same factor it accused him of -- trying to recruit his workers.