In the dynamic world of today’s global economy, an extraordinary group of companies has achieved a remarkable milestone of being in the list of trillion dollar companies. Being in the list of trillion dollar companies is a remarkable achievement in the business world. It refers to a company that has surpassed a market capitalization or valuation of $1 trillion.
This milestone of being amongst trillion dollar companies in the world represents immense size, exceptional success, and significant influence within the global economy. Companies like Apple, Microsoft, Amazon, and Alphabet symbolize trillion dollar companies in the world that have achieved remarkable financial success, transformed industries, and impacted our daily lives. Being in the list of trillion dollar companies signifies an extraordinary level of accomplishment and places these companies in a league of their own.
First Trillion Dollar Company
The first trillion dollar company in the world was PetroChina. On its first day of trading on the Shanghai Stock Exchange on November 5, 2007.
The first trillion dollar company of U.S. was Apple, which hit that level on August 4, 2018.
List of Trillion-Dollar Companies in the World
Below is the list of all the trillion-dollar companies in the world. These are trillion-dollar companies of 2023
Apple
Company Name:- Apple Inc.
Market Cap $2.82 trillion (June 2023)
Apple surprised a few and became the first trillion dollar company in the U.S. On Jan. 3, 2022, Apple became the first U.S. Company to reach $3 trillion. Apple’s market capitalization is higher than the GDP of entire countries like Italy, Canada, Australia, and Brazil.
Microsoft
Company Name:- Microsoft Corp.
Market Cap $2.48 trillion (June 2023)
Microsoft is one of the trillion-dollar companies of 2023. In April 2019, Microsoft became a trillion-dollar company, reaching the mark of $1 trillion in valuation. This significant milestone solidified Microsoft’s position as one of the most valuable and influential trillion dollar companies in the world.
Alphabet
Company Name:- Alphabet, Inc.
Market Cap $1.62 trillion (June 2023)
It became the fourth U.S. tech company to reach the $1 trillion club in January 2020. Shortly after, Amazon regained its one trillion-dollar market cap, the first time that four U.S. tech stocks had reached that level at the same time.
Amazon
Company Name:- Amazon.com, Inc.
Market Cap $1.29 trillion (June 2023
Amazon hit the $1 trillion mark a month after Apple, Amazon has solidified its position among the top companies with its trillion-dollar market cap, thanks to its relentless growth, unparalleled customer service, and an ever-growing catalog with products from nearly every genre imaginable.
Saudi Aramco
Company Name:- Saudi Arabian Oil Company (Saudi Aramco or Aramco)
Market Cap $2.09 trillion (June 2023)
Saudi Aramco broke two records on its first day of trading; the company hit the trillion-dollar mark on its very first day of trading, making it the biggest IPO in history. Aramco’s second record-breaking performance came the next day when its market value soared over $2 trillion.
Companies That Touched the Trillion-Dollar Mark
Here are the prominent companies that briefly joined the exclusive trillion-dollar club, reaching unparalleled heights of market valuation:
NVIDIA
Company Name:- NVIDIA Corp.
Market Cap $925.6 billion (June 2023)
NVIDIA, a popular technology giant renowned for its advanced graphical processor units (GPUs), has accomplished an extraordinary feat by entering the exclusive trillion-dollar companies in 2023 briefly.
Tesla
Company Name:- Tesla, Inc.
Market Cap $711.8 billion (June 2023)
Due to a successful trading day on Monday, October 25th, 2021, Tesla’s market cap surpassed $1 trillion for the first time. Following the announcement of some exciting news from Hertz and Morgan Stanley, their stock jumped 10%.
Meta
Company Name:- Meta Platforms, Inc.
Market Cap $675.5 billion (June 2023)
Meta, formerly Facebook, also experienced a brief stint of being in the list of trillion-dollar companies in terms of market valuation. For a period of approximately three months in 2021, Meta proudly joined the exclusive trillion-dollar club.
Future trillion-dollar companies to join the Trillion Dollar Club?
1. Warren Buffet’s Berkshire Hathaway is definitely in the running to join in the future trillion-dollar companies list, but there’s still quite a distance to cover.
2. Even Visa can be a part of future trillion-dollar companies, they’ve been around for over 60 years, and they’re not afraid to explore new opportunities.
However, it’s important to note that being contenders doesn’t guarantee them a spot as the future trillion-dollar companies.
Finally
With so many of them wanted to be in the list of trillion dollar companies in the world, it will come as no surprise that we shall have many future trillion-dollar companies.
