Roblox’s debut valued the company at over $42 billion on a fully diluted basis. The company was valued at $29.5 billion for its last private fundraising in January.

David Baszucki developed Roblox to allow people to design their games, and thanks to the platform's success, his net worth has soared above $4 billion.

Exactly how rich? Well, according to the SEC filing Roblox filed Thursday, Baszucki owns approximately 13% of the company. The stake is worth about $470 million, a figure based on the $4 billion ...

PRESENTING: A 24-year-old game developer for Roblox who makes over $1 million a year shares how he started his own company after dropping out of school ...

Based on the average brokerage recommendation (ABR), Roblox (RBLX) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of ...

Roblox is still not profitable. It lost more than $253 million in 2020, up from a loss or about $71 million a year earlier. Baszucki said the company will look to generate more sales from advertising.

Billion-dollar year The pandemic lockdowns made 2020 a huge year for the firm as children, cut off physically from their friends, flocked to Roblox for social interaction instead.