According to this video from The Wall Street Journal, Facebook is set to file its Initial Public Offering (IPO) paperwork as early as Wednesday of this week. That means it is going to IPO — it’ll be publicly owned and traded on the market. Facebook’s valuation is estimated to be between $75 and $100 billion.
That’s about the size of McDonalds. The video below ran last week, hence the misleading title at its top.