WeWork in Talks With SoftBank to Double Valuation to as Much as $40 Billion

A multibillion-dollar investment would make WeWork the second most valuable U.S. startup behind Uber

Eliot Brown

Updated June 13, 2018 5:20 p.m. ET

SoftBank Group Corp. is in discussions to invest another giant slug of capital in WeWork Cos., with a deal that would value the shared-office company at $35 billion to $40 billion, according to people familiar with the matter.

Such an investment would roughly double WeWork’s $20 billion valuation, set last August when SoftBank invested $4.4 billion in the company. It would make the New York firm the second-most-valuable privately held, venture-backed U.S. startup behind Uber Technologies Inc.

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