How much money did Facebook raise through its IPO?

Facebook raised approximately $16 billion through its initial public offering (IPO) in May 2012. This made it one of the largest IPOs in history at that time. The IPO price was set at $38 per share, valuing the company at over $100 billion. The funds raised through the IPO provided Facebook with additional capital to fuel its growth, invest in strategic initiatives, and expand its business operations.

Facebook raised approximately $16 billion through its initial public offering (IPO) in May 2012. This made it one of the largest IPOs in history at that time. The IPO price was set at $38 per share, valuing the company at over $100 billion. The funds raised through the IPO provided Facebook with additional capital to fuel its growth, invest in strategic initiatives, and expand its business operations.

Facebook raised approximately $16 billion through its initial public offering (IPO) in May 2012. The company sold 421 million shares of its common stock at a price of $38 per share.

At the time, this was one of the largest IPOs in history, and it made Facebook one of the most valuable technology companies in the world. However, the stock price initially fell after the IPO, and it took several months for the company to regain its initial valuation.

Since its IPO, Facebook's stock price has risen significantly, and the company has become one of the most valuable companies in the world, with a market capitalization of over $1 trillion as of 2023. The company's revenue has also grown rapidly, driven by its advertising business and the expansion of its platform and user base.