Apple sets stock market record: the exclusive trillion dollar club

Apple sets stock market record
The exclusive trillion dollar club

It’s a small, exclusive round: Apple is the first company in the world to be worth three trillion dollars. Only six companies worldwide have even passed the one trillion dollar mark. One of them has already lost its status.

The stock market value of Apple briefly passed the three trillion dollar mark yesterday – a new record. Currently, the value is just below $ 2.99 trillion. Just three years ago, the tech group was the first company in the world to be worth a trillion dollars. In mid-2020, Apple became the first American company to be worth more than two trillion dollars. So far, six other companies have also achieved a 13-digit market capitalization.

Microsoft

Microsoft 329.01

Microsoft will join the exclusive club of trillion dollar companies as early as October 2019. In mid-2021, the tech group will pass the two trillion dollar mark. The software giant founded by Bill Gates even temporarily overtook Apple as the most valuable company in the world last year, but soon had to relinquish its leadership. Today it is worth $ 2.513 trillion – again a clear gap to Apple.

Saudi Aramco

The oil company is the first in the world to reach a market capitalization of $ 2 trillion in 2019. The group may have broken this sound barrier first, but has since fallen behind again. Last year the value of the largest oil producer fluctuated around two trillion US dollars. In early 2022, the value is now $ 1.9 trillion.

Amazon

Jeff Bezos is the second richest person in the world, but his company Amazon is currently only the fifth most valuable company in the world with a valuation of 1.7 billion dollars. In 1995 Jeff Bezos founded Amazon – at that time still intended as an online bookstore. Over the past 26 years, the company has grown into one of the largest online mail order companies in the world. At the beginning of 2020, Amazon also reached a 13-digit market value. However, the company has not yet exceeded the two trillion mark. The previous high is around $ 1.8 trillion in mid-2021.

alphabet

In July 2020, the company, which also owns Google, will be valued at over $ 1 trillion. The company almost manages to reach a market capitalization of two trillion dollars by the end of 2021, but has so far remained below that mark. The high of $ 1.98 trillion will be reached in November 2021. Currently, the market capitalization is slightly below $ 1.93 trillion. The group not only owns the world’s largest search engine, companies in the field of robotics and artificial intelligence are also part of Alphabet Inc.

Tesla

Tesla
Tesla 1,015.60

The richest person in the world also has a company that has been on the trillion club since 2021. In the meantime, the value has fallen back into a twelve-digit range, but is quickly catching up again. Of the trillion dollar companies, Tesla has by far the fastest price increase. The company will not reach the 500 billion mark until November 2020. Less than twelve months later, the group’s value doubles. By comparison, it took Amazon just under 2.5 years to make this leap, and Apple was already worth half a trillion in 2012. It is only six years later that the company is worth twice as much.

Meta (facebook)

Meta – formerly Facebook – is currently no longer part of the Association of Trillion Dollar Companies, but has already reached this value. In 2021, the company will briefly have a value in the 13-digit range. Since the end of September However, Mark Zuckerberg’s company did not come back through the emblematic brand. Meta includes not only Facebook, but also the Whatsapp short message service and the Instagram platform. Not only worldwide failures of all of his services, but also serious allegations by a former employee put pressure on the company’s stock market development.

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