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Hospitality giant Airbnb on Tuesday set terms for its upcoming IPO, saying it plans to raise up to $2.6 billion.

Big number: The company would have an initial market cap of $28 billion, or an enterprise value of around $32 billion, were it to price shares in the middle of its proposed price range of $44-$50 per share.

Go deeper: Airbnb files for long-awaited IPO

Airbnb seeking $2.6 billion in IPO

Hospitality giant expects to go public in two weeks.

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Airbnb

Hospitality giant Airbnb on Tuesday <a class="gtmContentClick" data-vars-link-text="set terms" data-vars-click-url="https://www.sec.gov/Archives/edgar/data/1559720/000119312520306257/d81668ds1a.htm" data-vars-content-id="952e23b0-2c09-4b6e-bacc-ed25e7c24149" data-vars-headline="Airbnb seeking $2.6 billion in IPO" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.sec.gov/Archives/edgar/data/1559720/000119312520306257/d81668ds1a.htm" target="_blank">set terms</a> for its upcoming IPO, saying it plans to raise up to $2.6 billion.Big number: The company would have an initial market cap of $28 billion, or an enterprise value of around $32 billion, were it to price shares in the middle of its proposed price range of $44-$50 per share.Go deeper: <a class="gtmContentClick" data-vars-link-text="Airbnb files for long-awaited IPO" data-vars-click-url="https://www.axios.com/airbnb-files-for-its-long-awaited-ipo-15cd2549-e10a-4c08-badd-90bc94982e4a.html" data-vars-content-id="952e23b0-2c09-4b6e-bacc-ed25e7c24149" data-vars-headline="Airbnb seeking $2.6 billion in IPO" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/airbnb-files-for-its-long-awaited-ipo-15cd2549-e10a-4c08-badd-90bc94982e4a.html" target="_self">Airbnb files for long-awaited IPO</a>

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