As Uber IPO Date Approaches, Firm's Value Tops $50 Billion

Uber Technologies Inc. has reportedly completed a new round of funding that values the firm at more than $50 billion.

According to The Wall Street Journal, Uber raised roughly $1 billion in this latest funding round. That makes it the highest-valued startup in the world. It also ties Facebook Inc.'s (Nasdaq: FB) record as highest valued startup pre-IPO.

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Tags: Uber IPO, Uber IPO 2015, Uber IPO 2016, Uber IPO date, Uber IPO price,

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