Facebook has joined the ranks of companies valued over a trillion dollars as of today’s market close.
The company’s market cap is sitting at $1.008 trillion according to Yahoo Finance, putting it over the mark for the first time in its history.
Facebook ‘s rally came after a federal court judge granted the company’s motions to dismiss dual antitrust cases filed by the Federal Trade Commission and a group of 48 state attorneys general.
It’s Unique
On the list of US tech companies that have passed the $1 trillion valuation mark, Facebook is the only one founded in the 2000s, making it the newest — as long as you’re counting from the date that Google was started (which was in 1998), instead of Alphabet (which was created 2015).
This is the first time that the U.S. market has had five stocks with a 13-digit valuation.
Apple (ticker: AAPL) is still the world’s most valued company, at $2.249 trillion, followed by Microsoft (MSFT) at $2.024 trillion.
Amazon (AMZN) is valued at $1.74 trillion, Google-parent Alphabet (GOOGL) is at $1.67 billion and Facebook (FB) is now worth $1.008 trillion.
Press the 🔔 icon for notifications of all new updates
