After months of speculation, Facebook has officially filed for an IPO, paving the way for the company to become publicly traded for the first time.
The social networking giant will seek to raise $5 billion in cash with an Initial Public Offering of shares later this year.
The company, which now boasts over 800m members, did not specify the number of shares it will be offering or the price per share.
The floatation could value the company at anywhere between $75 and $100 billion.
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