Facebook's IPO Filing Could Come Next Week, 'Wall Street Journal' Says

By Mark Memmott

Published January 27, 2012 at 3:15 PM EST

We've been hearing it would happen for quite a while, so keep that in mind when you read this scoop. The Wall Street Journal says:

"Facebook Inc. could file papers for an initial public offering as early as next week and is currently looking at a deal that would value the social network between $75 billion to $100 billion, said people familiar with the matter."

The Journal adds that "a Facebook spokesman declined to comment." Also not talking: a spokesman for Morgan Stanley, the company the Journal says is likely to be the lead underwriter of the IPO.

Mark Memmott

Mark Memmott is NPR's supervising senior editor for Standards & Practices. In that role, he's a resource for NPR's journalists – helping them raise the right questions as they do their work and uphold the organization's standards.

See stories by Mark Memmott

WRVO is at a critical moment.

Recent cuts to federal funding are challenging our mission to serve central and upstate New York with trusted journalism, vital local coverage, and the diverse programming that informs and connects our communities. This is the moment to join our community of supporters and help keep journalists on the ground, asking hard questions that matter to our region.

Stand with public media and make your gift today—not just for yourself, but for all who depend on WRVO as a trusted resource and civic cornerstone in central and upstate New York.

Support WRVO now