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The Waiting May Be Almost Over For Facebook IPO

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The Waiting May Be Almost Over For Facebook IPO

Business

The Waiting May Be Almost Over For Facebook IPO

The Waiting May Be Almost Over For Facebook IPO

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  • <iframe src="https://www.npr.org/player/embed/146075542/146075541" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Facebook will file the paperwork on Wednesday for what's widely expected to be one of the biggest initial public stock offering debuts, according to The Wall Street Journal and the Financial Times. Facebook could raise as much as $10 billion. A Facebook IPO was rumored for much of last year, but the company's been tight-lipped.

STEVE INSKEEP, HOST:

NPR's business news starts with Facebook getting ready.

This could be the week that Facebook moves towards an initial public offering. The Wall Street Journal and the Financial Times say the company will file paperwork on Wednesday for what is widely expected to be one of the biggest public debuts ever. Facebook could raise, we're told, as much as $10 billion - a kind of social network of cash. A Facebook IPO was rumored for much of last year, but the company's been tight-lipped about what it's really doing.

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