Facebook sees valuation of up to $95.9bn Facebook said it expected to hit a valuation of up to $95.9bn when it debuts on Wall Street later this month, as the social networking company moved into the final stages of its hotly anticipated initial public offering. The company also said on Thursday that the share sale could raise up to $13.6bn, more than the $10bn it initially indicated earlier this year and the largest amount ever raised by an internet concern. Up to $6.3bn worth of the shares are being put on sale by Facebook itself, along with an extra $1.8bn through a so-called "overallotment provision" if demand is strong enough. Meanwhile, chief executive Mark Zuckerberg and other early investors will sell up to $5.5bn in stock, according to a filing made with the Securities and Exchange Commission on Thursday. Mr Zuckerberg himself will sell nearly $1.1bn worth of shares to pay the tax bill that will fall due on his exercise of a large grant of stock options he was handed when he formally took on the title of chief executive. After Mr Zuckerberg sells his shares in the IPO, his personal stake will be worth approximately $17.6bn. The amounts are based on the high end of a share price range of $28-$35 that Facebook disclosed in the filing. The news comes ahead of next week's expected start of a "roadshow" of investor meetings, putting Facebook's shares on track to begin trading late the week after. The indicated price range puts a valuation of between $77bn and $95.9bn on Facebook. Though less than the $100bn that has been widely talked about on Wall Street, price ranges often move up closer to a share sale if investor demand is strong. At the lower end, the price is in line with the valuation that Facebook's board put on the company last month at the time that it used cash and stock in its $1bn acquisition of photo-sharing app Instagram. Other big sellers include Accel Partners, with $1.3bn, Russian internet investment firm DST, with $920m and $460m by Goldman Sachs and investment funds it controls.