Twitter Goes Public
Move could bring Twitter as much revenue as Facebook.
The San Francisco-based company plans to go public.
The company announced the news on Twitter earlier saying, "confidentially submitted an S-1 to the SEC for a planned IPO."
Since starting in 2006, Twitter has grown from a few thousand users to now have more than 200 million worldwide.
Twitter is expected to make about $582.8 million in worldwide ad revenue this year.
By 2015, they are expected to make $1.33 billion.
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