#Alibaba #IPO may raise as much as $24 billion

Alibaba finally made clear just how enormous its IPO is going to be.

The Chinese e-commerce giant, which will begin trading under the ticker BABA later this month, submitted a regulatory filing Friday that says it plans to price its shares between $60 and $66. If its underwriters claim their shares, the company could raise $24.3 billion, which would be the biggest stock debut in history.

Alibaba IPO may raise as much as $24 billion