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newssnap chat

Wow : see How much snap chat worth as at today

Snap Inc., the parent company of Snapchat, debuted to much fanfare on the New York Stock Exchange on Thursday, closing at $24.48 a share - 44 percent higher than their IPO pricing of $17 a share. That means Snapchat is now worth an estimated $33billion - making the messaging app worth three times as much as social network rival Twitter.Snapchat's IPO marked the biggest tech debut on the market since 2014, when Chinese online retailer Alibaba started trading. The company's 26-year-old CEO Evan Spiegel and his co-founder Bobby Murphy, 28, rang the opening bell at the NYSE Thursday morning. But shy Spiegel quickly retreated to follow
the day's trading in private. 

His fianceĆ©, model Miranda Kerr, proudly supported him from the trading room floor, where she took Snapchat selfies with friends during her soon-to-be-husband's big moment. 

At the end of the day, Spiegel is now worth more than $5.4billion, thanks to the more than 210 million shares she held onto and the 16 million he sold. 

The wunderkind was still in shock when the final bell rang on Thursday, when the Los Angeles Times asked him how he felt. 

'How do we feel? We were just thinking about how do we answer that question,' an 'exhausted' Spiegel told the paper. 'It's exciting.'

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