Twitter's IPO share price has shot through the roof on opening day – whether its current price is sustainable remains to be seen (Twitter/Eli Langer)

Twitter's share price on the NYSE jumped as high as 92 percent of it's initial public offering price of $26, as the microblogging website officially went public on Thursday - hitting a high of $50.09 and currently trading at $45.69. Twitter's stock opened at $45.10, a 73% increase on its IPO price.

This comes after Twitter laid out a clear explanation in their S-1 about the risk factors of investing in their stock – the most important being the fact that Twitter does not make any money. An excerpt from Twitter's S-1 went as far as saying: "The market price of our common stock may be volatile, and you could lose all or part of your investment." 

Estimates put Twitter's valuation at anywhere between $25 billion to $31.34 billion, assuming Twitter will have 694.8 million shares outstanding. This would make Twitter more valuable than Netflix ($19.42 billion) and even Tesla, who saw their shares' worth drop 14.5% on Wednesday after their earnings announcement on Tuesday. Tesla's stock closed at $151.16 on Wednesday – a 346% increase on their initial price, but is continuing to drop, opening at $144.19 and currently trading at $142.06.

According to Thomson Reuters data, Twitter could raise up to $2.1 billion – a considerably smaller figure when compared to Facebook's $16 billion IPO in 2012. However, Twitter would still be the second-largest Internet company offering traded on the NYSE behind Facebook, beating out Google's 2004 IPO which raised $1.67 billion. Google's stock price however, has consistently risen over the last nine years, and is currently trading at $1,014.08.

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