Airbnb reportedly plans to confidentially file for an IPO later this month

In the course of a few months, Airbnb's initial public offering plans have gone from completely off the rails to apparently solidly back on track.

The online travel giant plans to confidentially file its IPO paperwork later this month, The Wall Street Journal reported Tuesday. The move could set in motion its long-awaited public markets debut with a potential IPO before the end of the year.

Airbnb had previously been preparing for an IPO, but halted the efforts this spring when the onset of the coronavirus pandemic shut down travel worldwide. The company — along with the stock market — has rebounded in recent months as people have started to take vacations near their homes.

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