Getaround IPO
Getaround operates a peer-to-peer car sharing platform that allows vehicle owners to rent out their cars to other users through a mobile app. The company went public to expand its car sharing network but has faced challenges competing against larger mobility players and achieving profitability.
What We Know
Getaround went public in August 2022 through a SPAC merger with Altitude Acquisition Corp, initially valued at approximately $1.7 billion. The car sharing platform's public debut was intended to provide capital for expansion and technology development in the competitive mobility-as-a-service market. Since going public, Getaround's stock has experienced significant volatility and traded below initial expectations. The company has worked to improve unit economics and expand its presence in key markets, but faces ongoing competition from established players like Zipcar and ride-sharing services.
Frequently Asked Questions
Has Getaround had an IPO?
Yes, Getaround completed its IPO in August 2022 through a SPAC merger. The car sharing platform has been publicly traded since then.
When is the Getaround IPO date?
Getaround already went public in August 2022, so there is no future IPO date. The company completed its public listing through a SPAC transaction.
How can I buy Getaround stock?
You can buy Getaround stock through standard brokerage accounts as the company is publicly traded. The stock trades under the ticker symbol GETR.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts