Spotify is a publicly-traded company, meaning it’s owned by a diverse group of shareholders. These shareholders include individuals, investment firms, and other institutions. While no single entity owns a majority stake, the company’s board of directors and executive team are responsible for its overall direction and management.
It’s important to note that the ownership structure of a public company can fluctuate over time due to factors such as stock market performance, mergers and acquisitions, and changes in investor sentiment. Additionally, the company’s founders and early investors often retain significant ownership stakes, even after the company goes public.