Google’s parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.
Google is now the world’s fourth most valuable public company, right behind Nvidia, Apple, and Microsoft, which has a market cap of just over $3 trillion and overtook Apple earlier this year for first place.
So Apple became the first trillion dollar company and ~5 years later Google becomes the first 2 trillion dollar company. That rate of growth sounds inflated and unrealistic.
Except no, because Google is still worth less than nVidia, Apple, and Microsoft. So one of them was the first $2 trillion company.