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Facebook's Valuation: What $104 Billion Is Worth

By Mark Milian and Marcus Chan - 2012-05-17T22:45:40Z

Photograh by Joel Saget/AFP/Getty Images

Company Symbol % Change
News Corp NWSA:US 0.00
Apple Inc AAPL:US -0.72
Facebook Inc FB:US -0.31
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What It Amounts To

Facebook Inc. announced today it priced its shares at $38 each, which values the social network at $104.2 billion. At that number, the company becomes the largest company to go public in the U.S. by market capitalization, according to data compiled by Bloomberg and Dealogic. As the debate continues over whether the company is worth that much, here's a look at what that figure amounts to outside the social network.