Finance News

Discord “in talks” to become a public traded company

Discord the chat platform with over 200 million monthly active users is in the early stages of exploring an initial public offering (IPO), according to The New York Times. Discussions with investment bankers are still preliminary.

Discord “in talks” to become a public traded company

A Discord spokesperson told TechCrunch that while the company recognizes the strong interest in its future plans, it does not comment on rumors or speculation.

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This isn’t Discord’s first time considering going public. In 2021, the San Francisco-based startup turned down a $10 billion acquisition offer from Microsoft, opting instead to maintain its independence while evaluating the possibility of an IPO.

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The company was last valued at $14.7 billion following a $500 million funding round in 2021.

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Though widely recognized for its popularity in the gaming and crypto communities, Discord has also emerged as a key player in the AI space, hosting platforms like Midjourney, a leading AI image-generation service operating on its servers.

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