Business

The Waiting May Be Almost Over For Facebook IPO

  • Playlist
  • Download
  • Embed
    <iframe src="http://www.npr.org/player/embed/146075542/146075541" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

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.

Copyright © 2012 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR’s programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from