As companies continue their growth the trillion-dollar companies list continues to grow with it. Starting in 2018 as the first company surpassed the trillion dollar market cap others have joined in on the quest. Here’s the list of trillion dollar companies as it stands today, May 7th, 2020 based on the order each company surpassed a trillion dollars in market cap.
1. Apple Hits $1 Trillion on August 2, 2018
Adding to many of the firsts that Apple has accomplished in its history, it became the first company to reach a market cap of over $1 trillion dollars. Its time on the top was shortlived though as it has dropped since then. Here’s a link to an article of when Apple crossed the trillion dollar line occurred.
Apple Inc. is a worldwide technology company that is headquartered in Cupertino, California. Apple is most well known for the iPhone, one of the most popular handheld phones on the market. It is also well known for its tablets, the iPad, and laptop/portable computers like the MacBook. In addition to hardware, Apple has one of the most used media software in iTunes a music, podcast and video service.
2. Amazon Hits $1 Trillion on September 1, 2018
Less than a month after Amazon reached the trillion dollar mark, Amazon joined the exclusive club surpassing the mark on 9/1/18. As of now, Amazon is still on the list but although they were the second company to surpass the trillion dollar mark they are now the 3rd largest company on this exclusive list. With its innovations and growth though you might expect that it will soon be competing for the the top spot with others in the club. Here’s a link and an article of when Amazon passed the trillion-dollar mark.
Starting off as an online bookseller, Amazon has come a long way. Now, as arguably the most common online shopping site, Amazon offers almost anything you are looking for from books to bugs, yes, you can buy a bucket of live bugs right on the site and have them shipped to your door in 2 days with their prime service. Amazon has built its business on that prime service offering free shipping as well as fast shipping. In some areas, you can order and receive your products that same day.
3. Microsoft Hits $1 Trillion on April 25, 2019
In third place on the list, cronologically, comes Microsoft who joins the Trillion Dollar Companies List about 7 months after Amazon. Of course, you wouldn’t expect Bill Gates and Microsoft to not join the exclusive club. In fact as of the date of this posting Microsoft has topped the list at 1.32 Trillion, while Amazon has dropped to number 3.
Microsoft is the maker of the windows software that still runs a majority of PCs in the consumer market. It also has a pretty good hold on office productivity software with its Office products like Word, Excel, Powerpoint and Outlook. It has had a long steady growth over the years and isn’t showing any signs of stopping as it continues to expand its holdings. Here’s an article of when Microsoft make the trillion dollar list.
Of each of those companies has surpassed the 1 trillion dollar mark in market capitalization, although they all haven’t stayed above the mark since the time they first acheived $1 trillion.
4. Google Hits $1 Trillion on January 16, 2019
The fourth company to hit the one trillion dollar company list is Google. It’s parent company, Alphabet rose in market value on the 16th about $8 billion to cross and close above the $1trillion mark for the first time in its history. As of today though Alphabet is on the oustide looking in.
Alphabet, Inc. better known as Google, the leading search engine, provides advertising services all around the world. In the conglomerate are a number of popular well-known companies like Google, YouTube, Chrome, Google Maps, Android and more. Alphabet is also leading in research pushing forward the self-driving car revolution through its company, Waymo.
5. Facebook hits $1 Trillion for the first time on Monday, June 28, 2021
The 5th company to hit one trillion dollars based on market cap just arrived. Facebook, the social media worldwide giant just joined the group in June of this year. Facebook, founded by Mark Zuckerberg, first went public on May 18, 2012. At the time of the IPO the price was $38 a share and fell to a low $17.73 by September the same year. From then on it’s been on a tear. Along the growth path Facebook acquired Instagram, which propelled its growth even more.
Where are they now?
As of today Microsoft has taken the lead as the company with the largest market capitalization weighing in at $1.32 Trillion. Apple is a close second with $1.25 Trillion while Amazon stays above the trillion dollar mark with $1.14 Trillion. Google on the other hand has slipped to a measly $901.01 Billion. What’s more impressive is that all of these companies continue to flourish and grow amidst the worlwide pandemic caused by the coronavirus.
So who’s next to join the club?
There aren’t a lot of companies that are really close. The next closest one as of May 7th, 2020, is Facebook, Inc. Facebook currently has a market cap of $576 billion, which at the moment seems a long way off from hitting the mark. We’ll see how they fare throughout the year and see if it is possible that Facebook can join the party? What do you think?
The next few on the list include Alibaba at $521 billion, Berkshire Hathaway, Inc. (Warren Buffet’s company) who is topping out with a market cap of $443 billion, followed by Johnson & Johnson, who is currently at $390.36 billion in market cap. all of these companies have a long way to go still. Who will be the next big mover to make a push for the list?
