Discord Reportedly Explores IPO Plans for 2025

The gaming-focused chat platform is in early discussions with investment banks, raising concerns among users about potential changes to its user experience.

Discord is reportedly in early talks with investment banks to explore the possibility of going public later this year, though plans remain unconfirmed.
The platform, which serves over 200 million monthly active users, was last valued at $15 billion in 2021.
A Discord spokesperson stated the company is focused on delivering a strong user experience and sustainable business, declining to confirm IPO rumors.
Users, particularly gamers who make up over 90% of the platform's audience, have expressed concerns that an IPO could lead to a decline in user experience, citing fears of monetization-driven changes.
Discord has previously considered going public in 2021 but delayed plans due to market uncertainty, with renewed discussions attributed to a more favorable regulatory environment.