Have you ever wondered if Epic Games, the creator of popular titles like Fortnite and Rocket League, is publicly traded? Are you considering investing in it?
Epic Games has become one of the most successful video game companies in recent history. It is one of the few gaming companies to have crossed into the realm of mobile gaming after having long been associated with PC gaming. The company also runs its own digital storefront, the Epic Games Store.
The answer to whether or not Epic Games is publicly traded may surprise you. The company is privately owned but there are a few ways that investors can gain access to their shares through options such as a direct secondary offering or an SPAC investment.
In this article, we will discuss what these mean and how they could give investors a chance to get involved with Epic Games for either short-term returns or long-term growth and potential profits.
Is Epic Games a Publicly Traded Company?
Epic Games is a private company that is not publicly traded as of April 2022. The founder and CEO of the company, Tim Sweeney, owns more than 50% of Epic Games, while Tencent Holdings (TCEHY) holds the other percentage which was purchased in 2012.
With Fortnite having over 350 million registered players, it makes Epic Games an appealing investment for those who want to buy stock and options in 2022. However, there have been no public announcements that Epic Games will be publicly traded in 2022.
Epic Games, the developer behind the successful Fortnite, is a popular target for investors. However, it remains a private company and there are no plans to go public anytime soon, so investors must wait until Epic Games makes a decision before they can invest in its stock or options.
What Is Epic Games Stock Price and Are They Publicly Traded?
Epic Games is the creator of the incredibly popular video game, Fortnite. The game has become a global phenomenon and has made its founder, Tim Sweeney, a billionaire. With such success, it’s no surprise that many people are interested in investing in Epic Games stock.
Unfortunately, Epic Games is not publicly traded yet. This means that you cannot buy shares of Epic Games on the stock market. However, this could change in the future as Epic Games continues to grow and expand its reach. In the meantime, investors can still benefit from Epic Games’ success by investing in other publicly traded companies that are related to or have partnerships with them.
For example, Microsoft recently acquired a stake in Epic Games for $250 million dollars and their stock price has seen an increase since then.
Is Epic Games a Public Company?
Epic Games is a privately owned company, and it has not gone public yet. It is owned by Tom Sweeney, Tencent Holdings, and some smaller investors. Last year in August, Epic Games was able to raise over $17.3 billion from private investors without the need of going public or selling shares.
This shows that the company has the capability to bring in money without having to go public. As a result, Epic Games does not have a price or symbol listed on any stock exchange as they are not publicly traded.
The majority of the ownership lies with Tom Sweeney followed by Tencent Holdings and their venture capital partners. The symbol EPIC is also not taken by anyone across any US stock exchanges as Epic Games remains a private company.
Who Owns Epic Games?
Epic Games is a privately held company founded and owned by CEO Tim Sweeney. At one point, his stake was more than 50%, but Forbes has estimated it to be around 28%. In 2012, Tencent Holdings (TCEHY), the Chinese conglomerate and largest video game company worldwide, purchased a 40% equity stake in Epic Games.
Other shareholders include early investors, employees, and venture capital firms such as Baillie Gifford, Fidelity, Lightspeed Venture Partners, the Ontario Teachers’ Pension Plan Board, T. Rowe Price, Blackrock, David Tepper, KKR, Sony, Smash Ventures and KIRKBI (holding company of The Lego Group). Its most recent funding round valued the company at $31.5 billion.
Epic Games has risen to prominence in the gaming industry through its successful titles and strong ownership structure. With emerging technologies constantly driving growth in the industry, Epic Games is well-positioned for continued success in the future.