![]() ![]() Pick up my sci-fi novels the Herokiller series, and The Earthborn Trilogy, which is also on audiobook. Roblox is only just getting started after 15 years, and it will remain a key part of the gaming landscape indefinitely, that much is clear.įollow me on Twitter, YouTube, Facebook and Instagram. Get the latest Roblox Corp (RBLX) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. I don’t know what Roblox’s stock will do going forward, but the future of the industry is going to be built on the backs of games like this, and it’s why Microsoft buying Minecraft several years ago for $2.5 billion looks like a steal. Is a $40 billion market cap overvaluing Roblox? Should a company with a single free to play game be worth twice what the maker of GTA 5 is worth, the best-selling AAA game of all time by several orders of magnitude? That’s something for the stock market to sort out, but there’s no question that Roblox has put the time in to warrant this kind of success, and it has quietly been amassing a truly astonishing amount of players including being the main gaming experience for hundreds of millions of children worldwide. Roblox shares started trading at 64.50 apiece, giving it a market value of roughly 36 billion, according to CNBC up from the 29.5 billion price tag it snagged in a private fundraising round.
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