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The Rumble video platform goes public

2022-09-19T17:32:07.182Z


The valuation of this YouTube competitor reached $520 million on Monday. It is the video platform that has shaken America more than once, propelling the words of conspiracy theor Alex Jones and multiple figures of the QAnon movement to the fore. After surpassing the 78 million monthly active users mark across the world this summer, Rumble reached a new milestone on Monday by entering the New York Stock Exchange. To list on Nasdaq (under the symbol "RUM") , the company


It is the video platform that has shaken America more than once, propelling the words of conspiracy theor Alex Jones and multiple figures of the QAnon movement to the fore.

After surpassing the 78 million monthly active users mark across the world this summer, Rumble reached a new milestone on Monday by entering the New York Stock Exchange.

To list on Nasdaq (under the symbol "RUM")

,

the company merged with the Special Purpose Acquisition Company (Spac) Cantor Fitzgerald Acquisition Corp VI, headed by billionaire Howard Lutnik.

Rumble's stock opened Monday up 10% at $13, valuing the company at $520 million.

“Our introduction to the Nasdaq is a success.

Our video platform, designed to immunize America against cancel culture and preserve everyone's opinions,

is appealing to investors,” said Rumble CEO Chris Pavlovski.

Launched in 2013 with the aim…

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Source: lefigaro

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