<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001509842</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Class A Common Stock, par value $0.001 per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001337634</issuerCik>
<issuerName>StubHub Holdings, Inc.</issuerName>
<issuerCusip>86384P109</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>175 Greenwich Street</com:street1>
<com:street2>59th Floor</com:street2>
<com:city>New York</com:city>
<com:stateOrCountry>NY</com:stateOrCountry>
<com:zipCode>10007</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>PointState Capital LP</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>20706003</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>20706003</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>20706003</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<typeOfReportingPerson>PN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>PointState Holdings LLC</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>20706003</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>20706003</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>20706003</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>PointState Capital GP LLC</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>20706003</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>20706003</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>20706003</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Zachary J. Schreiber</reportingPersonName>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>704660</soleVotingPower>
<sharedVotingPower>20706003</sharedVotingPower>
<soleDispositivePower>704660</soleDispositivePower>
<sharedDispositivePower>20706003</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>21410663</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6.2</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>StubHub Holdings, Inc.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>175 Greenwich Street, 59th Floor, New York, New York, 10007</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>PointState Capital LP</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>The address of the business office of each of the Reporting Persons is care of PointState Capital LP, 9 West 57th Street, 37th Floor, New York, NY 10019.</principalBusinessOfficeOrResidenceAddress>
<citizenship>Delaware</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</amountBeneficiallyOwned>
<classPercent>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>The information in Items 2 and 4 is hereby incorporated by reference.</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<signatureInformation>
<reportingPersonName>PointState Capital LP</reportingPersonName>
<signatureDetails>
<signature>/s/ Zachary J. Schreiber</signature>
<title>Zachary J. Schreiber, Managing Member</title>
<date>10/10/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>PointState Holdings LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Zachary J. Schreiber</signature>
<title>Zachary J. Schreiber, Managing Member of PointState Holdings LLC, the general partner of SteelMill Master Fund LP</title>
<date>10/10/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>PointState Capital GP LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Zachary J. Schreiber</signature>
<title>Managing Member of PointState Holdings LLC and PointState Capital GP LLC, the general partner of PointState Capital LP</title>
<date>10/10/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Zachary J. Schreiber</reportingPersonName>
<signatureDetails>
<signature>/s/ Zachary J. Schreiber</signature>
<title>Zachary J. Schreiber</title>
<date>10/10/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>