Magic Leap develops augmented reality headsets, software, and optical solutions using waveguide and display technologies. It targets enterprise and consumer AR use cases with devices and platform tools.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$450M
Debt - III, Oct 2025, Perplexity
UpMarket Estimate
$459M
Based on UpMarket valuation model
Previous Price
$6.3B
Debt - II Jan 2024
How to Invest in Magic Leap Through UpMarket
Magic Leap shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Magic Leap offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Oct 2025
Debt - III
$450M
Jan 2024
Debt - II
$6.3B
Magic Leap Revenue and Growth
Annual revenue
Why Investors Are Watching Magic Leap
Growth Signal
Magic Leap raised $500M on a roughly $2B valuation
Magic Leap announced a $500 million financing round at a post-money valuation of about $2 billion, signaling continued investor support for the private AR company. The round followed years of large-scale capital raises, with Crunchbase noting the company has raised roughly $2.3 billion overall.
Competitive Moat
Magic Leap’s mixed reality platform targets real-world use
Dealroom describes Magic Leap as developing a mixed reality computing platform that enables users to interact with the world, highlighting a differentiated product thesis. The company has attracted substantial backing from high-profile investors, which can help fund long R&D cycles in AR hardware.
Risk Factor
Magic Leap has raised over $4.1B, underscoring capital risk
Forge Global says Magic Leap has raised $4.1 billion across 12 funding rounds, including a $590 million debt financing led by Saudi Arabia’s Public Investment Fund. That scale of funding can support development, but it also highlights the heavy capital intensity and execution pressure in AR hardware.
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No. As of March 2026, Magic Leap is a private company and does not trade on any public stock exchange. Accredited investors can access Magic Leap shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Magic Leap does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Magic Leap shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Magic Leap shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Magic Leap develops augmented reality headsets, software, and optical solutions, generating $325.9M in revenue in 2026, after raising $500M at a roughly $2B post-money valuation — accredited investors can access Magic Leap stock through UpMarket.