Today is the day all your tweets go public.
Just joking, it is the day Twitter becomes a publicly traded company on the NYSE.
We're about 15 minutes away from the opening bell. We'll have a livestream of the big ringing then.
Only 15 minutes away from the opening bell ceremony. Wonder who's going to be up on the podium at the New York Stock Exchange, or NYSE Euronext -- the official title
And if you're wondering what things are like at Twitter HQ...
Twtitter's executives are posing for photos at the NYSE: co-founders Evan Williams, Jack Dorsey, Biz Stone, CEO Richard "Dick" Costolo
So what's the big deal again? Twitters' estimated $1.8 billion IPO could rank as the second largest U.S. internet offering after Facebook's record $16 billion IPO priced last May, according to Thomson Reuters.
So actor Patrick Stewart, Captain Jean-Luc Picard, is on the platform, one of the four Twitter users ringing the bell! His Twitter handle: @SirPatStew
DIck Costolo, the CEO of Twitter, on CNBC right now. He says, "All capital raised today is going into the company. That's how we thought about this entire process. We tried to have a very clean process, the team that worked on this was very methodical. I am very proud of the work they did."
"We have had consistent, tremendous growth over the last several years. We have a tremendous set of thoughts and strategies to increase the slope of the growth," Costolo tells Jim Cramer.
Last night, the company priced the IPO at $26. Now traders shout orders at the "designated market maker," described as a conductor for the stock, and they'll determine the trading price.
"It is all about making it very simple and easy for new users to come to the platform," Costolo says when asked if the service will look different in a year or so.
It could take a few minutes or even an hour before we see the stock trading.
Cramer asks Costolo about why they didn't sell to another company for $20 billion. "We made it very clear along the way, that we had every intention to be an independent company."
"We picked the NYSE because we have been working with them closely over the last couple of years. We like the way they think of the platform," Costolo says when asked if they picked the NYSE over NASDAQ because of what happened with Facebook.
Yes, in answer to a user's question, this wait for stock to begin trading is typical. Last week, when 58.com, a Chinese tech company, went public it took about 20 minutes from the opening bell to start trading. It has taken other companies longer.
Costolo is in NYC right now but he is hoping to fly back to Twitter's HQ in San Francisco for market close.
Twitter's opening price indicating $40 to $44
And Costolo is off the air on CNBC. Guess he has other things to do!
Goldman Sachs, the lead underwriters, are helping determine the price according to demand.
Sir Patrick Stewart, of Star Trek: The Next Generation, was asked to ring the bell after only 18 months or so of Tweeting, he says. He says being on Twitter has changed his career and the public's perception of him, not being a straight-laced guy.
Pricing indications now $42 to $46...see how fluid the situation is.
Now the opening price may be $45 to $46, but it's not close yet. There are more buyers trying to join the fun.
Now, IPO opening price indicates a range of $45 to $47.
Suddenly, I feel like a sports commentator. Anyone have a better comparison?
Though Twitter isn't profitable yet, some of these investors are hoping it will be in the near future.
Now, indications are for an opening trade between $45.50 to $46.60. Just a reminder that Twitter priced its IPO at $26 on Wednesday night. Rick Summer, senior analyst from Morningstar, gave the stock a fair value of $26 as well.