![Facebook's Valuation Approaching $100 Billion [REPORT]](https://helios-i.mashable.com/imagery/archives/05Nv5fRUe4wMcmt0P6F59yv/hero-image.fill.size_1248x702.v1647019856.jpg)
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The Wall Street Journal, citing people who've seen Facebook’s recent financial information, reports [subscription required] that the IPO could happen as early as spring 2012.
One source says the company is on track to earn $2 billion before taxes, depreciation and amortization this year. That figure is higher than the numbers Facebook presented to Goldman Sachs Group and Russian investor Digital Sky Technologies when they invested in Facebook in January.