Facebook Inc. raised $500 million from Goldman Sachs Group Inc. and a Russian investor in a deal that values the company at $50 billion, the New York Times reported, citing unidentified people involved in the transaction.

Goldman Sachs invested $450 million in the social-network site operator, while Russia’s Digital Sky Technologies invested $50 million, the newspaper reported. Goldman Sachs has the right to sell as much as $75 million of its stake to Digital Sky, according to the report.