Steve Huffman Reddit CEO
Steve Huffman, cofounder and CEO of Reddit. Reddit is reportedly targeting a valuation in the single-digit billions.
  • Reddit is eyeing an initial public offering as early as the first quarter of 2024.
  • Potential investors are advising it to target at least a $5 billion valuation, Bloomberg reported.
  • Investors are hoping for a more active IPO market in 2024.

Excitement is growing for one of the most anticipated IPOs of 2024.