> GoPro reached a maximum market valuation exceeding $11 billion to as high as $13 billion

Golf clap for whoever exited at that valuation

justin_shocknet

After years of financial struggles, action camera pioneer GoPro is being 

A company called Starman Optical has agreed to merge with GoPro. The deal involves Starman Optical paying GoPro shareholders $1.14 per share and leaving those shareholders with about 10% of the newly combined company. The deal, expected to close by the end of this year, will wipe away GoPro’s outstanding debt of $92 million.

The merger, announced Tuesday morning, comes a few months after GoPro revealed it was considering pivoting from building cameras to becoming a defense tech company. A day or so ago, YouTuber Markiplier revealed he had 

Stacker_Stocks

> After years of financial struggles, action camera pioneer GoPro is being [acquired](https://www.prnewswire.com/news-releases/gopro-enters-into-definitive-agreement-to-merge-with-starman-optical-inc-302866291.html) for $285 million.
>
> A company called Starman Optical has agreed to merge with GoPro. The deal involves Starman Optical paying GoPro shareholders $1.14 per share and leaving those shareholders with about 10% of the newly combined company. The deal, expected to close by the end of this year, will wipe away GoPro’s outstanding debt of $92 million.
>
> The merger, announced Tuesday morning, comes a few months after GoPro revealed it was considering pivoting from building cameras to becoming a defense tech company. A day or so ago, YouTuber Markiplier revealed he had [amassed](https://www.bloomberg.com/news/newsletters/2026-08-30/youtube-star-markiplier-is-now-gopro-s-largest-shareholder) an 8.5% stake in GoPro.
>
> [**...read more at techcrunch.com**](https://techcrunch.com/2026/09/01/gopro-to-be-acquired-for-285m-will-remain-a-public-company/)