Facebook sets share price in $100bn flotation
17 May 2012 Last updated at 23:03 BST
Facebook has priced its shares ahead of one of the most eagerly-anticipated share flotations in recent stock market history.
The social network site said on Thursday that it valued shares at $38 (£24) each, and they would begin trading in New York on Friday.
The share price values Facebook at more than $100bn.
Rory Cellan-Jones reports.