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Jul 31 Figma jumps 3X on IPO, valuing the company at $50B vs $20 a year ago

Jul 31 Figma jumps 3X on IPO, valuing the company at $50B vs $20 a year ago

$META $MSFT $GRAB

Mukund Mohan
July 31, 2025

Market

“Figma was to be acquired by $ADBE ( ▼ 2.29% ) for $20B a 18 months ago, but today it went pubic for $70B valuation” 😊 😋

$AAPL ( ▲ 0.95% ) Apple iPhone revenues grew 13% YoY and $AMZN ( ▲ 0.34% ) also grew revenue by 11% to end a strong earnings week with a calendar that shows 81% of $SPY ( ▲ 0.42% ) is now beating earnings estimates and raising guidance, consistent with what my prediction was for Q2 earnings.

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