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However, as Epic Games has increased its equity shareholders to include more venture capital firms, a future IPO is more likely so private investors can cash out. The company is majority-owned by its founder and CEO, so it won’t go public until he says so.Īs private demand for ownership remains high, Epic Games does not need to go public in the immediate future. The Epic Games IPO date is currently unknown. You can find a complete list of Epic Games investors at Crunchbase. Its most recent funding round (April 2022) valued the company at $31.5 billion. Rowe Price, Blackrock, David Tepper, KKR, Sony, Smash Ventures, and KIRKBI (holding company of The Lego Group). Other shareholders include early investors, employees, and venture capital firms, including Baillie Gifford, Fidelity, Lightspeed Venture Partners, the Ontario Teachers’ Pension Plan Board, T. Tencent Holdings (TCEHY), the Chinese conglomerate and largest video game company worldwide, purchased a 40% equity stake in Epic Games in 2012. At one point, his stake was more than 50%, but Forbes has estimated his stake is now about 28%. Who Owns Epic Games?įounder and CEO Tim Sweeney is the primary owner of the company.

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It also created the Unreal Engine, a game development software framework for use by other game developers.Įpic Games was founded in 1991 by Tim Sweeney. Since its founding, the company has created more than 50 games and recently acquired the HouseParty smartphone app and several game development technologies.

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It’s best known as the creator of the first-person shooter game, Fortnite, one of 10 most popular online games globally, with more than 350 million registered users.įortnite is free to play, but the company makes money from in-app purchases (that do not give players an advantage). : There are now more than 500 million Epic Games accountsĮpic Games is a video game company based in Cary, NC. : Epic Games Raises $144 Million for Ukraine Aid : How Epic Games is changing gaming-and maybe the metaverse : LEGO and Epic Games Team Up to Build a Kids Metaverse : Sony and KIRKBI Invest in Epic Games to Build the Future of Digital Entertainment : Epic Games CEO Tim Sweeney talks the metaverse, crypto, and antitrust : Titan Announces Exclusive Partnership With Cathie Wood’s ARK Invest Will Epic Games be a Motley Fool Stock Advisor Recommendation?.What is the Epic Games Stock Symbol, Epic Games Ticker?.GameStop stock was up over 10% in early trading, with people getting topics like 'DO NOT SELL' to trend on Twitter in the US while advising others to use apps such as Webull and the Cash App's Investing option to trade securities.

GameStop stock was down over 30% at times in after-hours trading on Wednesday, but the stock's fans seem to have rallied in the face of apparent pressure from Robinhood and TD Ameritrade. The volatility also hasn't always worked in the stocks' favor. The company explained its decision in a blog post, saying that 'in light of recent volatility, we are restricting transactions for certain securities to position closing only.' It proceeded to list a number of companies popular on Reddit including GameStop, AMC, Express and Nokia. Robinhood joined the blocking on Thursday morning.

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TD Ameritrade has restricted some trading of GameStop stock, as well as other stocks mentioned by the Reddit board including movie theater chain AMC. Whether the company can sustain its improbable run, of course, remains the multibillion-dollar question. France-based Ubisoft, which owns the Assassin's Creed and Watch Dogs franchises, was valued at $12.39 billion, and Japan-based Square Enix, maker of Final Fantasy and Kingdom Hearts, at $6.95 billion.ĭespite the massive run, GameStop still has a ways to go to catch top game publishers Activision Blizzard ($70.32 billion market cap), EA ($41.97 billion) and hardware makers Nintendo ($72.1 billion), Sony ($123.54 billion) and Microsoft ($1.8 trillion). Take-Two, which owns Grand Theft Auto publisher Rockstar Games as well as 2K (makers of the popular NBA 2K franchise) was valued Thursday morning at $23.07 billion. This puts GameStop ahead of firms such as Take-Two Interactive, Ubisoft and Square Enix. The run, which has seen GameStop stock soar from under $17.25 a share at the start of the year to nearly $400 a share early Thursday, gives the beleaguered video game retailer a market cap of roughly $28 billion. GameStop's massive run on Wall Street this month hasn't just given nice profits to members of the WallStreetBets Reddit board, it's also made the retailer bigger than some of the video game companies whose products it sells.