24 years, 4 months, and 8 days: That's how long it took Nvidia Corp. (NVDA) to join the elite 澳洲幸运5官方开奖结果体彩网:$1 trillion market cap club after going public in 1999.
Of the companies that have reached the $1 trillion mark, the two to join the club fastest are the ones that are no longer a part of it. It took Meta (META) (then Facebook) only 9 years, 1 month, and 2 days to become worth $1 trillion. Tesla (TSLA) passed that milestone in a little over 11 years, soaring to a peak 澳洲幸运5官方开奖结果体彩网:market cap of $1.2 trillion in early 2022. However, shares of both companies have given up those gains and their market caps now hover around $670 bil൲lion and $630 billion, respectively.
The company that was quickest to break the $1 trillion and stay there was Google parent Alphabet (GOOGL), which hit the mark in January 2020 after 15 years, 5 months, and 7 days as a 澳洲幸运5官方开奖结果体彩网:public company.
The company that took the longest to reach a $1 trillion valuation was also the first. And though it took Apple (AAPL) 37 years, 7 months, and 15 days of trading to reach that point on Aug. 2, 2018, it took only another two years for the company to surpa🏅ss $2 trillion. And less than two years after that, in January 2022, Apple's market cap briefly touched $3 trillion.
Amazon (AMZN) was the second U.S. company to reach $1 trillion, 澳洲幸运5官方开奖结果体彩网:reaching the milesto♛ne in Septe♋mber 2018—just a month behind Apple—after 21 years, 3 months, and 20 days. Microsoft (MSFT) got there next in 澳洲幸运5官方开奖结果体彩网:April 2019.
Time to $1 Trillion Market Capitalization | |||
---|---|---|---|
Company | IPO Date | $1 Trillion Valuation Date | Time to $1 Trillion |
Apple | Dec. 18, 1980 | Aug. 2, 2018 | 37 years, 7 months, 15 days (13,741 days) |
Amazon | May 15, 1997 | Sept. 4, 2018 | 21 years, 3 months, 20 days (7,782 days) |
Microsoft | Mar. 13, 1986 | April 25, 2019 | 33 years, 1 month, 12 days (12,096 days) |
Aug. 9, 2004 | Jan. 16, 2020 | 15 years, 5 months, 7 days (5,638 days) | |
Meta | May 18, 2012 | June 28, 2021 | 9 years, 1 month, 10 days (3,328 days) |
Tesla | June 29, 2010 | Oct. 26, 2021 | 11 years, 3 months, 26 days (4,136 days) |
Nvidia | Jan. 22, 1999 | May 30, 2023 | 24 years, 4 months, 8 days (8,894 days) |
Source: YCharts and news reports
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