Apple went public the morning of December 12, 1980. By then the bankers had priced the stock at $ 22 a share. It went to $ 29 the first day. Jobs had come into the Hambrecht & Quist office just in time to watch the opening trades. At age twenty-five, he was now worth $ 256 million.
On December 12, 1980, Apple held its initial public offering (IPO), with the stock priced at $22 per share. On the first day of trading, the stock quickly increased to $29, marking a successful debut for the company. Steve Jobs, at just 25 years old, witnessed the opening trades at the Hambrecht & Quist office.
As a result of the IPO, Jobs became dramatically wealthy, with his net worth soaring to $256 million. This significant financial milestone reflected the rapid growth and success of Apple as a technology company in the early 1980s, highlighting Jobs' pivotal role in its rise.
