Nvidia Hits $4 Trillion Market Cap Milestone

Nvidia’s market cap exceeded $4 trillion, making it the first company to do so. This amount is comparable to the GDPs of Japan and India in 2024. It could also purchase nearly half of the S&P 500, 50 top sports franchises over 13 times, and Elon Musk’s net worth 10 times over.

Elon Musk, thanks to his stake in Tesla, has become the richest person globally, with a net worth close to $400 billion. His wealth fluctuates based on Tesla’s stock price. Musk’s net worth surpasses Larry Ellison, Mark Zuckerberg, and Jeff Bezos but is only about 10% of Nvidia’s market value.

Nvidia’s market cap is so vast that it could acquire nearly half of the S&P 500 companies, worth as much as the bottom 216 in the index. This includes companies like General Mills, Dollar Tree, Domino’s Pizza, and Best Buy.

Nvidia’s market cap could buy the top 50 sports franchises globally multiple times, including the Dallas Cowboys, New York Yankees, and Real Madrid. It could also afford to purchase the entire Formula One racing series over 200 times.

Nvidia’s recently announced Blackwell chip, aimed at heavy AI workloads, costs between $30,000 and $40,000 each. The chip took around $10 billion in R&D costs. Nvidia’s market cap could afford between 100 million and 133 million of its chips, compared to Elon Musk’s xAI startup, which has installed about 200,000 Nvidia chips for its products.

Read more at Yahoo Finance: How Much Is $4 Trillion? Here Are Some Ways To Think About Nvidia’s Market Cap Milestone