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    At $82 Billion, Uber's Market Debut To Be The Biggest In Five Years

    Months ago, there was speculation the company could be valued as high as $120 billion. Instead, the company is taking a more conservative approach — relatively speaking, anyway.
    by Camila Domonoske May 09, 2019 3 minutes
    A photographer holds up a smartphone with the Uber app at Tegel Airport in Berlin on Nov. 20, 2018. Uber is going public on Friday in a highly anticipated IPO.

    The ride-hailing company Uber is making its stock market debut on Friday, with shares priced at $45, the lower end of the possible range, and a total market value of about $82 billion.

    That's a relatively conservative approach for this initial public offering. A few months ago, analysts were expecting Uber's IPO to be far bigger than this. A $100 billion valuation was seen as reasonable — some even floated $120 billion.

    But it's a rough week for the stock market, which is watching President Trump's rhetoric on trade with concern. And Uber's smaller ride-hailing rival Lyft

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