🚀 Figma Goes Public at $60B Valuation — Adobe Shares Slide

Figma just launched its long-awaited IPO — and the numbers are turning heads.

📈 The company hit a massive $60 billion valuation, causing Figma stock to surge sharply on debut.

📉 Meanwhile, Adobe shares are slipping, likely a reaction to the missed opportunity. Back in December 2023, Adobe tried to acquire Figma for $20 billion, but the deal was blocked by regulators over antitrust concerns.

Now Figma’s independence is paying off.

💬 Do you think Adobe missed its golden chance? Will Figma challenge the giants in the long term?

📊 Follow for daily updates on markets, IPOs & crypto crossovers.

❗️Disclaimer: This content is for informational purposes only and is not financial advice. Always DYOR before investing.