By the end of the 21st century, only eight of the 21 cities that have hosted the Winter Olympics are projected to be cold enough to reliably host the Games due to climate change. Challenges faced by Milano Cortina 2026 organisers such as producing artificial snow, establishing transport links between remote locations and building new infrastructure are likely to become more omnipresent at future editions.
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The valuation represents a 31% increase from the $6.1 billion valuation the 13-year-old company achieved in April of last year, when it raised a $575 million round led by Franklin Templeton for partly the same purpose: purchasing shares from employees, including to help them cover the taxes associated with converting expiring restricted stock units (RSUs, a form of equity compensation) into shares.
Pricing updated on 01/02/ 2025