From Nasdaq:

In 2023, Nvidia was the newest public company to reach a market capitalization of $1 trillion, joining an elite group. Then in early 2024, Microsoft and Apple battled it out for the title of most valuable public company, each with a market capitalization of over $3 trillion. Meanwhile, Meta Platforms and Tesla were close to joining the elite club as well. However, by Thursday, Meta Platforms hit a market capitalization of $1 trillion to re-join the club, now comprising seven companies:

1. Apple: $3.03 trillion
2. Microsoft: $3.02 trillion
3. Saudi Aramco: $2.04 trillion
4. Alphabet Inc: $1.91 trillion
5. Amazon.com Inc: $1.63 trillion
6. Nvidia: $1.53 trillion
7. Meta Platforms: $1.01 trillion

Ranking outside the $1 trillion level are companies like Berkshire Hathaway Inc, Taiwan Semiconductor, Eli Lilly and Broadcom. Furthermore, Nvidia joined the $1 trillion club, with Twitter users voting that Tesla could be the next company to join. In 2023, Meta outgained Tesla with around 194% returns compared to a 101% gain for Tesla stock.

Musk was the richest person in the world in 2023 with a year-end valuation of $229 billion, while Zuckerberg was the sixth-richest person in the world in 2023, valued at $141 billion. Musk and Zuckerberg have had shifts in their fortunes so far in 2024, with Musk losing $12.9 billion and Zuckerberg gaining an identical $12.9 billion as of Wednesday. Musk’s wealth will take a hit after Thursday’s drop in Tesla valuation, moving him closer to second place Jeff Bezos.



Read more: Zuckerberg Vs. Musk: Billionaire Battle Sees Meta Platforms Rejoin $1 Trillion Market Cap Club Before Tesla