Uber’s market rate has just reached an all-time high

Who’s winning election week in the US? Uber.

First, on Nov. 3, voters in California agreed to exempt gig firms from a recent converse labor law that would earn upended Uber’s trade model. And now the corporate’s market capitalization has reached $78 billion, surpassing the $75 billion valuation when the corporate went public in May perchance perhaps 2019, in accordance with PitchBook files.

Shares of the scurry-hailing extensive are for the time being up 7% to $45.11 a half, topping the corporate’s preliminary public providing label of $45.

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