What was the initial market capitalization of Facebook when it went public?

When Facebook went public, its initial market capitalization was approximately $104 billion. This valuation was based on the IPO price of $38 per share and the total number of outstanding shares issued by the company at the time of its debut on May 18, 2012.

Facebook's initial market capitalization when it went public was approximately $104 billion. This valuation was based on the IPO price of $38 per share and the total number of outstanding shares offered during the IPO.