Canva’s valuation has reportedly dropped from 65 billion dollars to around 49 billion dollars, wiping approximately 16 billion dollars from its estimated worth. The decline has been linked to investor concerns over rising artificial intelligence costs, higher operating expenses and slower expected revenue growth.

Circulating on Instagram, the report suggests the valuation shift could complicate Canva’s widely anticipated IPO plans. The Australian design platform had long been considered one of the most valuable private tech companies in the world, making the reported markdown a notable development for the broader startup ecosystem.

The timing is significant. A lower valuation heading into a public listing would typically affect the pricing and appetite surrounding any IPO and Canva’s trajectory has been closely watched by venture capital markets and the wider tech industry alike.

No official comment from Canva has been reported alongside these figures and the provenance of the valuation data remains uncertain. Readers should treat the numbers as reported estimates rather than confirmed figures.