The “Elite of the Elites”: Tesla Surpasses the $1 Trillion Market Cap
An impressive feat for any organization
An impressive feat for any organization
Tesla’s stock price broke the $1 trillion barriers for the first time in history today (Oct 25th, 2021). It also puts Tesla among a select group of the “Elite of the Elites” with Apple (AAPL), Microsoft (MSFT), Saudi Aramco (2222. SR), Google (GOOG), Amazon (AMZN), and Facebook (FB) all having market values greater than $1 trillion. Facebook presently has a market value of about $926 billion.
Breaking the $1 trillion mark is quite an accomplishment. The only problem? It’s not easy to break it. There are currently six companies in the world with a market capitalization of over $1 trillion. Apple and Microsoft lead this elite group with Market Caps (MC) upwards of $2T apiece, while Saudi Aramco comes in third place at just under $1.9T.
Market Capitalization (Market Cap) is the value of all outstanding shares in a company. Short for market capitalization, the market cap puts companies on the scale by taking their shares an…
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