Facebook Hits A New Record High Value Of At Least $103.4 Billion
Facebook stock has blown past even the most bullish estimates to a value of $103.4 billion to $110 billion, based on today's SharesPost auction closing at $44 per share.
Facebook stock has blown past even the most bullish estimates to a value of $103.4 billion to $110 billion, based on today’s SharesPost auction closing at $44 per share.
The $103.4 billion figure is based on the company still having 2.35 billion outstanding shares; assume that the actual number is 2.5 billion — like some have — then the implied valuation becomes $110 billion.
Both figures surpass the top end of the $75 billion to $100 billion range in value that people have been discussing in reference to Facebook’s forthcoming initial public offer.
This auction has occurred one week after the last one, the shortest time gap between Facebook stock sales that we’re aware of.
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