Facebook is now part of companies that worth over a trillion dollars as of yesterday when stock market closed.
The company’s market capitalization is now $1.008 trillion according to Yahoo Finance, putting it over the mark for the first time in the company’s history.
Some of the most well known of Facebook’s additional companies are the Facebook site itself, along with Messenger, as well as the most popularly used social media platform WhatsApp, Instagram and Oculus.
US tech companies that have passed the $1 trillion worth mark, Facebook is the only one founded in the 2000s, thus making it the newest to be part of the list
If you’re counting from the date that Google was founded (which was in 1998), instead of Alphabet (which was created 2015).
The news comes alongside the dismissal of the FTC’s case to unwind the companies Instagram and WhatsApp acquisitions, after a federal judge stated that the FTC did not offer enough evidence that the company is a monopoly.
