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General Atlantic, an investment company looking to invest in Facebook, has valued the company $65 billion. The investment firm, planning to buy 0.1% stake in Facebook, has finalized its deal with shareholders, but is awaiting the final approval from Facebook.

The investment firm of Goldman Sachs bought 2.12% of Facebook six weeks ago for $1.5 billion, valuing the company at $50 billion dollars. The present investment by General Atlantic which values the Facebook at $65 billion means that Facebook's value has increased by 30% in just six weeks.

The huge demand in the market for Facebook shares and heavy investment in the company's by large firms is seen as the major reason for the skyrocketing prices of the company's shares.