Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

Once valued at $8 billion, sources say the AR start-up is now seeking an acquirer.

Magic Leap is reportedly working closely with a financial advisor on exploring options to keep the doors of the AR startup open. According to a recent Bloomberg report, the AR company would either form a new partnership that would hand over the equity of the company or possibly sell off a significant stake of the company ahead of listing.

If sold, Magic Leap could potentially receive more than $10 billion according to an unidentified source. 

The Florida based AR company jumped on every tech

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