Report: Facebook readies IPO filing, looks to make up to $10 billion

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That's, like, ten thousand millions, right? Anyway, [Facebook][2] could file for its long-awaited initial public offering (IPO) as early as next Wednesday, [according to The Wall Street Journal][3] (WSJ), choosing Morgan Stanley as its lead underwriter. Here's the clincher: According to "people familiar with the matter," the social network looks to be valued between $75 and $100 billion.

And you thought the [Zynga IPO][4] was huge for a tech company. However, the timing for the filing is still a discussion, according to WSJ's nameless sources. Facebook looks to make up $10 billion from the IPO alone, WSJ reports, but both the social network and Morgan Stanley declined to comment.

Facebook going public would only further solidify its dominance as a social gaming platform, and it wouldn't be surprising to see a nice chunk of that $10 billion go toward social game efforts. Why? We can't imagine how much Facebook makes from its 30 percent cut of all [Facebook Credits][5], but [recent reports][6] put it in the $470 million range. So yeah, definitely expect Facebook to throw some more cash social games.

[Image Credit: [Huffington Post][7]]

**Are you surprised by how much Facebook reportedly looks to make? What do you think this will mean for Facebook games in the future? Sound off in the comments. [Add Comment.][8]**

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[2]: http://blog.games.com/tag/facebook
[3]: http://online.wsj.com/article/SB10001424052970204573704577187062821038498.html
[4]: http://blog.games.com/tag/zynga+ipo
[5]: http://blog.games.com/tag/facebook+credits
[6]: http://venturebeat.com/2011/09/20/facebook-revenue-2011/
[7]: http://www.huffingtonpost.com/jamie-court/facebook-money-will-the-f_b_886846.html
[8]: http://blog.games.com/2012/01/27/facebook-ipo-10-billion/#disqus_thread
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