How much is StockX worth?
StockX is officially worth $1 billion after its most recent Series C funding round, co-founder Josh Luber told CNBC on Wednesday.
How do I buy on StockX?
On StockX there are two ways to buy: Bid at the price of your choice and watch our dynamic marketplace come to life, or Buy Now at the lowest Ask to secure your item without any gamesmanship. Kick back and relax while we get to work.
Is SpaceX worth $74 billion?
Apr 19, 2021 3:13AM EDT E lon Musk’s privately held rocket company SpaceX raised around $1.16 billion via equity funding over the last two months per SEC filings, with the company now reportedly being valued at $74 billion. This compares to a previous valuation of $46 billion based on a $2 billion fundraise last August.
Is StockX a real platform to buy or sell Deadstock sneakers?
Yes, StockX is a real platform to buy or sell deadstock sneakers, luxury fashion and other collectibles. The company inspects each sold item for authenticity and condition quality. What customer service options does StockX offer?
Who is StockX owned by?
Josh Luber built sneaker marketplace StockX to be a 'stock market of things. ' It worked. Then, he got replaced and decided to stick around. When Josh Luber, co-founder of StockX, was in the sixth grade, he started his first business: selling Bubblicious to his classmates.
Is StockX making money?
StockX is currently valued at $3.8 billion after it raised its last round of funding back in April 2021. The last time StockX's revenue was disclosed was in early 2021. The year prior, StockX allegedly generated $400 million in annual revenue.
What is the net worth of StockX?
$ 3.8 billionReknown among sneakerheads for being a facilitating platform for finding that long-dreamed 'grail', among other collectible items, StockX recently announced that its net worth is valued at $ 3.8 billion after the sale of some of its shares.
How much money does StockX make per year?
StockX is an online marketplace that lets users buy high-demand, limited-edition products such as sneakers and collectibles via auction. StockX was founded in 2015 by Josh Luber, Greg Schwartz, Chris Kaufman, and Dan Gilbert and processes over 7.5 million trades per year with a GMV of over $1.8 billion.
Who is the CEO of StockX?
Scott Cutler (Jun 2019–)StockX / CEOScott Cutler is an American technology executive and is currently CEO of StockX. Formerly the executive vice president and head of global listings at the New York Stock Exchange, he has been an executive at eBay since April 2015. Wikipedia
Who are StockX competitors?
StockX's top competitors include GOAT, Zappos, Flight Club and Stadium Goods. StockX is a platform for buying and selling authentic sneakers. GOAT is a marketplace for buying and selling sneakers and streetwear.
How does StockX make money?
StockX makes its money through transactions fees. Sellers are charged a 10% transaction fee which decreases as the seller sells more merchandise.
Will StockX go public?
StockX is reportedly working with Morgan Stanley and Goldman Sachs on a planned IPO. The company could go public in H1 2022.
What is Nike's net worth?
In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Nike, Inc.
How many sellers are on StockX?
The report also details the fastest-growing brands across core categories, including sneakers, electronics, collectibles, apparel, and accessories. The mid-year edition of StockX's Current Culture Index shows that as of June 2021, the platform has surpassed 6.5 million lifetime buyers and 1 million lifetime sellers.
Who is GOAT owned by?
Eddy LuEddy Lu is a co-founder and the CEO of Los Angeles-based GOAT Group, a website for selling and reselling sneakers and luxury apparel. It had a valuation of $3.7 billion in its most recent round of investor funding.
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Who is the CEO of StockX?
When will StockX go public?
Scott Cutler, CEO, StockX. Scott Mlyn | CNBC. StockX, after a record year of revenue, completed a new funding round that values the high-end sneaker reseller at $3.8 billion.
What is StockX?
StockX is expected to go public in the second half of 2021, Dow Jones reported Wednesday, citing sources. In response to that report, a StockX spokesperson told CNBC: “Our focus right now is on global expansion and category diversification, while continuing to grow our core business.
Who is StockX For?
StockX is an online platform to buy and sell merchandise that collectors value.
How it Works
You should consider StockX if you want to use a platform specializing in sneakers and collectibles from many pop culture, sports and fashion niches.
StockX Fees
Here is a closer look at how the buying and selling process works on StockX. It’s possible to find a great deal and also make money by downsizing your product portfolio.
FAQs
Several platform fees apply to sellers and buyers. These are similar to other online websites for collectibles.
What Others Are Saying
Here are some questions about using StockX to buy or sell collectibles and luxury items.
Summary
Before you try StockX, don’t miss what other users have to say about the platform.
What is StockX on eBay?
StockX can reduce the possibility of scams when buying collectibles online.
How much commission does StockX take?
Part eBay, part Amazon, the company is an online catalog of collectible sneakers, streetwear, handbags, watches, and tchotchkes that, like the stock market, allows buyers and sellers to determine the price of every product.
Who convinced Schwartz that the stock market of things was a thing?
StockX takes a commission of 9.5 to 14.5 percent from each sale, and in 2019 it brokered over $1 billion worth of transactions. Before he joined StockX, CEO Scott Cutler (right) had been an executive at StubHub, eBay, and the NYSE-and wore loafers. Adam Jason Cohen. Consistency is key.
Transparent Pricing
Adam Jason Cohen. Gilbert eventually convinced Schwartz that the "stock market of things" could be a thing, and Schwartz convinced Gilbert that they needed a true sneakerhead at the helm. "There's no way we can launch this if the person running the company is wearing loafers," he told Gilbert.
Global Access
Our real-time marketplace works just like the stock market – allowing you to buy and sell the most coveted items at their true market price.
No BS
Whether it’s pre-release, regionally limited, or “sold out” – our millions of customers from over 200+ countries allow you to easily secure those hard-to-find, coveted items.
Secure
No chargebacks, no taking photos, no writing catchy descriptions, and no dealing with rogue buyers or sellers. We handle everything to make sure you can buy and sell with complete confidence.
Here For You
Preserving the integrity of our marketplace means staying a step ahead. Our security and fraud systems, powered by our world class partners, have your personal information covered 24/7.
Buying Grails Has Never Been Easier
Thanks to our Help Center, Chatbot, and dedicated global-support staff, you can be sure that we are always available to answer any and every question regarding our marketplace.
Bid or Buy
Buy Now at the lowest Ask, or place a lower Bid at the price you want to pay. We will send you immediate updates as prices move on your Bids. Bids can be renewed or let go when they’re about to expire, and you’ll be notified ahead of time.
We Authenticate
On StockX there are two ways to buy: Bid at the price of your choice and watch our dynamic marketplace come to life, or Buy Now at the lowest Ask to secure your item without any gamesmanship.
Flex on Everyone
Kick back and relax while we get to work. We make sure items are shipped ASAP for verification. Once we verify it’s 100% authentic, we ship it off to you! Our average delivery time is 7-12 business days from order date.
How much is SpaceX worth?
After we make sure the order is 100% authentic, we send it your way ASAP. Once it arrives you should feel free to flex on everyone by sharing with the hashtag #GotItOnStockX. We’ll be sure to show you some love as well.
What is SpaceX's Internet business?
E lon Musk’s privately held rocket company SpaceX raised around $1.16 billion via equity funding over the last two months per SEC filings, with the company now reportedly being valued at $74 billion. This compares to a previous valuation of $46 billion based on a $2 billion fundraise last August.
Why is Starlink important to SpaceX?
SpaceX’s satellite-based Internet business, Starlink, is seen as the biggest driver of the space exploration company’s valuation, given its large addressable market. (Related: SpaceX’s Revenues and Valuation ) So how is the service shaping up?
How much is Starlink worth in 2025?
While SpaceX has built a relatively stable business of launching satellites for a variety of customers, the potential for the launch business is quite limited, given the small size of the market and relatively slow growth . For perspective, the market for commercial satellite launches stood at ~$5 billion in 2017, ...
Does SpaceX have 5G?
According to our analysis, we estimate that Starlink could be worth about $30 billion by 2025, assuming it generates revenues of about $10.4 billion then and is valued using a P/S multiple of about 3x. Below, we provide a breakdown of the opportunity Starlink provides to SpaceX and the potential risks.
Is SpaceX publicly listed?
Wireless carriers have been betting big on 5G technology which can offer gigabit-speed internet over wide areas, competing head-on with the fixed-line internet services. It remains to be seen if SpaceX’s service can offer customers an attractive value proposition as competition increases.
