Facebook could go public, soon - WTVM.com-Columbus, GA News Weather & Sports

Facebook could go public, soon

(Source: CNN) (Source: CNN)

(CNN) - Facebook could soon be opening its stock to the public. The Wall Street Journal reports, it could be one of the largest initial public offerings ever.

The Journal reports the company is looking at raising $10 billion with its IPO,  in hopes it will increase the company's value to more than $100 billion.

If Facebook does decide to go public, the newspaper reports sources familiar with the matter expect it to happen in May or June next year.

So far, Facebook is not commenting on the report.

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