The Wall Street Journal is reporting that Facebook will file paperwork for its initial public offering as early as next Wednesday.
Morgan Stanley will likely be the firm chosen to manage the filing as underwriter, but Goldman Sachs will also be involved, according to the report.
Analysts have valued the company, post-IPO, at somewhere between $75 billion and $100 billion. The filing could also unveil much previously unrevealed information about Facebook's financials.
Depending on when the IPO is filed, the company may not actually go public until this spring.
Facebook has reportedly hired Brunswick Group to handle communications for the offering process, however the agency has declined to comment on the reports.