Spotify IPO

Spotify's IPO (Initial Public Offering) was the process by which the company first sold shares to the public, allowing anyone to buy a piece of the business. This transition from private to public company provided Spotify with capital to grow and expanded its ownership to outside investors. The IPO involved listing on the stock exchange, where shares are bought and sold, giving shareholders liquidity and a market valuation. It marked a significant milestone, making Spotify accountable to public shareholders while enabling its continued expansion in the competitive music streaming industry.