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Founder ROBLOX’s fortune rose to $ 4.6 billion as the stock began trading on Wall Street

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 Founder ROBLOX’s fortune rose to $ 4.6 billion as the stock began trading on Wall Street


The fortune of co-founder of video game platform Roblox "David Baszuki" rose to $ 4.6 billion after the stock jumped more than 50% in its first trading session on Wall Street.

Founder ROBLOX’s fortune rose to $ 4.6 billion as the stock began trading on Wall Street



The California-based video game company has benefited from the "Corona" pandemic, with children and teenagers staying at home due to lockdown measures, but the company's future may face uncertainty at the present time with the trend to return to school.


With these concerns, ROBLOX is working to transform into a social platform that brings together children and adults, and this was confirmed by Baszuki at the company's annual meeting last year when he mentioned that its future vision will depend on connecting the world through ROBLOX.


The New York Stock Exchange set the share price at $ 45 for direct listing, which gave the company a market value of $ 30 billion, and that value jumped to $ 37.1 billion at the end of yesterday's trading.


On Wednesday, the company's shares closed up 54.4% at $ 69.50.

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