Facebook worth $102.8 billion on final stock auction before IPO

Facebook came out valued at $102.8 billion after its final stock auction on the secondary market.

That’s more than $7 billion beyond what the company was valued at the start of Friday, with its stock price climbing from $41 to $44.10 a share.

The trading on SharesPost, a secondary market, is the last time Facebook’s stock will change hands before the company’s IPO in early May.

The $3.10-per-share increase means the 120 million Facebook shares Mark Zuckerberg purchased this morning at 6 cents a share have already increased their value and are now worth nearly $5.3 billion.


More than $425 million in share and unit sales took place in today’s Facebook stock auction, according to an email from a SharesPost spokesman.


Facebook’s Mark Zuckerberg visits Japan

Facebook’s Mark Zuckerberg just got $4.8 billion richer?


Facebook CEO Mark Zuckerberg spotted on vacation in China

Follow Salvador Rodriguez on Facebook or Twitter

Get our weekly California Inc. newsletter