Here’s XRP Price If Ripple Surpasses Google, Apple, and Microsoft after IPO

XRP price could surge dramatically if it witnesses proportionate growth in a scenario where Ripple overtakes Google, Apple, and Microsoft after its IPO.

Ripple has recently been the subject of much attention as talks about a possible initial public offering (IPO) grow louder. These discussions come despite the company’s CEO Brad Garlinghouse suggesting they are not immediately considering an IPO.

Ripple’s Current Position

According to estimates from notice.co, Ripple currently has a pre-IPO valuation of about $10.88 billion. However, this number is still speculative, and no official statement confirms it.

Looking at the broader tech space, Ripple would have a long way to go to catch up following its IPO. Microsoft stands as the most valuable company in the world, with a market cap of $3.376 trillion. Apple follows at third with $3.155 trillion, and Google holds a $2.021 trillion valuation, being fifth.

Meanwhile, even though XRP operates independently of Ripple, any developments involving the company tend to affect investor sentiment around the asset. As a result, many believe if Ripple goes public, it could lead to a boost in XRP price.