Tesla is not going to overtake Facebook, becoming the fifth most valuable American company.
It has continued to heat up since last year for Tesla (TSLA), a US electric car maker and developer of battery technology. The latest on Friday, January 8, the past US local time. The company’s stock has risen steadily. Before closing the market at US $ 880.02 (+ 7.84%) and the market cap or market capitalization to exceed US $ 834,172 million for the first time.
As a result, Tesla has become the fifth highest-valued American company in the country. Overtaken social media giant Facebook (FB), which closed at $ 267.57 (-0.44%) and had a market cap at the close of $ 762,117 million.
This high market cap of Tesla has made it an interesting move to chase down other US giants.Today, the top five companies in the US with the largest market cap are as follows:
- Apple (AAPL): Market cap $ 2.22 trillion
- Microsoft (MSFTL): Market cap $ 1.66 trillion
- Amazon (AMZN): Market cap $ 1.59 trillion
- Alphabet (GOOGL): Market cap $ 1.22 trillion
- Tesla (TSLA): Market cap $ 834,172 million
(Note: All data ends until the US Stock Market close at 4pm on Friday, 8 January 2021 only).
Earlier on Thursday, January 7 local time, Tesla CEO and founder Elon Musk recently became the world’s number one billionaire with US $ 185 billion worth of assets, surpassing Jeff Bae. Sos, Amazon CEO and Founder, with a net worth of US $ 184 billion. This is due to the fact that Tesla shares increased more than 900% from the previous year (Musk holds a 21% stake in Tesla).