Facebook Stock Trading at $9.5 billion Market Cap

These are trades through SecondMarket--which you might say doesn't really count, but if money is changing hands at that price it sorta does. Basically, it's up 42% since July. With MySpace announcing defeat and the the service going up quite a bit in the Zeitgeist, one would argue it might merit an even larger uptick. Time will tell. More on Bloomberg:

The price of Facebook Inc. stock on exchanges for private companies has jumped as much as 42 percent in the past four months as membership of the site topped 300 million users and the company turned cash flow positive.

Facebook shares are currently selling for about $21 each at SecondMarket, said Adam Oliveri, managing director at the New York-based company. That’s up from $14.77 in July.

SecondMarket and Santa Monica, California-based SharesPost Inc. are among services that allow current and former Facebook employees to sell shares. Facebook, the most-popular social networking site, may sell stock through an initial public offering in the next 12 to 18 months, said Paul Bard, an analyst at Renaissance Capital LLC, which has specialized in IPO research since 1991.