in

Berkshire Hathaway joins $1 trillion membership, Meta quickest to succeed in milestone


Quick Take

Berkshire Hathaway recently joined the elite club of companies with a $1 trillion market capa milestone that took over 44 years to achieve. This accomplishment highlights the journey of other major companies to the $1 trillion mark.

Among the “Magnificent 7” tech giants, Apple reached $1 trillion in over 37 years, Microsoft in over 33 years, and NVIDIA in 24 years. Amazon crossed the threshold in 21 years, while Google took 15 years. Tesla achieved this milestone in 11 years, but Meta stands out as the fastest, reaching $1 trillion in just over nine years, according to Visual Capitalist.

While Berkshire Hathaway is the first non-tech US company to achieve this milestone, Meta has the quickest ascent among tech stocks.

As a thought experiment, consider MicroStrategy, which had a market cap of $26 billion in August 2024 after adopting Bitcoin as a treasury asset in 2020, when its market cap was around $1.3 billion. To match Meta’s rapid rise to $1 trillion, MicroStrategy would need to achieve this feat by August 2029, an ambitious target that highlights the remarkable speed of Meta’s growth.

The time it took to hit $1T: (Source: visualcapitalist)

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

America’s Ultimatum on Brazil’s Social Media Censorship on X

May This Set off A Value Tsunami?