Facebook continues to inflate the numbers of the most awaited IPO of the year. The social network has announced a 25% increase in the number of shares that will be sold Friday, May 18 in the initial public offering. Facebook will go public on Wall Street 421 million shares, against the 337 million previously forecast, worth about $16 billion. However, in the event of strong investor demand, it is possible that the total number of securities offered for sale in the IPO will exceed 484 million. In this way the market value of the Palo Alto company could exceed 100 billion dollars
Facebook, preparing for the highest IPO in history for a tech company, has already increased the value of each share from $34 to $38 per share. According to Bloomberg, with this increase to 16 billion dollars, Facebook's stock market debut could surpass that of General Motors (15,8 billion) and become the second most important IPO ever in American history, second only to Visa Inc. which in 2008 raised $17,8 billion.
