if you want to remove an article from website contact us from top.

    which company is not a part of the $1 trillion market capitalization club anymore

    Mohammed

    Guys, does anyone know the answer?

    get which company is not a part of the $1 trillion market capitalization club anymore from screen.

    Which Companies Belong to the Trillion

    Only a few companies have broken into the Trillion-Dollar Club. Who's a member, and who’s hot on their heels?

    TECHNOLOGY

    Which Companies Belong to the Elite Trillion-Dollar Club?

    Published 1 year ago on August 23, 2021 By Iman Ghosh

    Article/Editing:

    Aran Ali

    Tweet Share Share Reddit Email

    Which Companies Belong to the Elite Trillion-Dollar Club?

    Just a handful of publicly-traded companies have managed to achieve $1 trillion or more in market capitalization—only seven, to be precise.

    We pull data from Companies Market Cap to find out which familiar names are breaking the 13-digit barrier—and who else is waiting in the wings.

    The Major Players in the Game

    Apple, Microsoft, and Saudi Aramco are the three companies to have shattered the $2T market cap milestone to date, leaving others in the dust. Apple was also the first among its Big Tech peers to ascend to the $1 trillion landmark back in 2018.

    Company Valuation Country Age of company

    Apple $2.46T U.S. 45 years (Founded 1976)

    Microsoft $2.31T U.S. 46 years (Founded 1975)

    Saudi Aramco $2.00T Saudi Arabia 88 years (Founded 1933)

    Alphabet (Google) $1.84T U.S. 23 years (Founded 1998)

    Amazon $1.68T U.S. 27 years (Founded 1994)

    Tesla $1.01T U.S. 18 years (Founded 2003)

    Footnote: Data is current as of October 25, 2021. Facebook is the 7th company historically to reach $1 trillion, but dipped out recently.

    The largest oil and gas giant—Saudi Aramco is the only non-American company to make the trillion-dollar club. This makes it a notable outlier, as American companies typically dominate the leaderboard of the biggest corporations around the world.

    Tesla Reaches $1 Trillion

    Tesla reached the $1 trillion market cap for the first time due to a strong trading day on Monday October 25th. Their shares popped some 10%, off the announcement of some positive news from Hertz and Morgan Stanley.

    First, Hertz, a car rental company, revealed an order for 100,000 Tesla vehicles — the largest order in the automaker’s history. Second, an auto analyst at Morgan Stanley made revisions and raised his price target on Tesla to $1,200.

    Whether Tesla can stay a trillion dollar company will likely be a much discussed topic after today, as their valuation has always been a controversial one. Bearish investors frequently point to Tesla’s lack of fundamentals relative to traditional car companies. For instance, their market cap relative to cars sold:

    Company Market Cap ($B) Cars Sold (2020)

    Value Per Car Sold

    If Valued Like Tesla

    Tesla $1,000 500,000 $2 million $1.0 Trillion

    Volkswagen $148 9.3 million $15,000 $18.6 trillion

    Toyota $242 9.5 million $25,000 $19.0 trillion

    Ford $62 4.2 million $14,000 $8.4 trillion

    Based on the 500,000 cars Tesla sold in 2020, their $1 trillion market cap values them at $2 million per car sold. As an extreme example, if Volkswagen and Toyota were to be valued in a similar fashion, their market caps would be close to $19 trillion each. Larger than all of the elite trillion-dollar club combined.

    Who Else Might Join the Trillion-Dollar Club?

    Companies with a market capitalization above $500 billion are also few and far between. After Facebook, which until recently was part of the elite trillion-dollar club, Warren Buffet’s Berkshire Hathaway is the closest to joining the Four Comma Club. Though there’s still some ways to go, their market cap of $656 billion means shares would need to appreciate some 52%.

    Company Valuation Country Age of company

    Facebook $926B U.S. 17 years (Founded 2004)

    Berkshire Hathaway $656B U.S. 182 years (Founded 1839)

    TSMC $619B Taiwan 34 years (Founded 1987)

    Tencent $589B China 23 years (Founded 1998)

    Visa $497B U.S. 63 years (Founded 1958)

    Visa, one of the pioneers of consumer credit in the United States, continues to innovate even 63 years after its founding. In attempts to expand the reach of its already massive payments ecosystem, Visa is experimenting with acquisitions, and even dipping its toes into cryptocurrency with some success.

    Whether the next company to join the trillion-dollar club comes from the U.S., from the tech industry, or out of left field, it’s clear that it has some pretty big shoes to fill.

    RELATED TOPICS: Apple Google Tesla Facebook Tencent Amazon Microsoft Alibaba Visa Alphabet Big Tech Berkshire Hathaway Saudi Aramco Tsmc UP NEXT

    Visualizing the Critical Metals in a Smartphone

    DON'T MISS

    How Factor Investing Works, Using Everyday Examples

    CLICK FOR COMMENTS

    YOU MAY ALSO LIKE

    iPhone Now Makes Up the Majority of U.S. Smartphones

    स्रोत : www.visualcapitalist.com

    Do you want to see answer or more ?
    Mohammed 9 day ago
    4

    Guys, does anyone know the answer?

    Click For Answer