How many companies have a public market valuation over 1T, that seems like a lot

About 14:

Apple ($4.98T), NVIDIA ($4.51T), Microsoft ($3.94T), Alphabet ($3.49T), Amazon ($2.80T), TSMC ($1.95T), SpaceX ($1.82T), Saudi Aramco ($1.69T), Meta ($1.56T), Tesla ($1.42T), Broadcom ($1.40T), Berkshire Hathaway ($1.22T), Eli Lilly ($1.21T), (Walmart ($0.996T))

▲

ozgung an hour ago | parent | next [-]

I remember Apple being the first ever one-trillion-dollar company in the world. It was in 2018.

	▲	fakedang 33 minutes ago \| parent [-]
		Aramco was the first in 2016. But Aramco basically only has 2.5% free float on the market. Apple was the first with a near 100% free float on the market.

▲

TacticalCoder an hour ago | parent | prev [-]

So basically the equivalent of the entire US GDP in those 14 companies + OpenAI and Anthropic at a $1T valuation or so.

16 companies with a market cap as big as the entire US GDP.

Make is make sense when 15 out of those 16 are US companies.

Back in, say, 2006, twenty years ago, there weren't 15 companies adding up to the entirety of the US GDP.

Something simply doesn't add up.

▲

cobbzilla an hour ago | parent [-]

Isn’t that kind of apples and oranges?

Market cap and GDP are both measured in currency units, I guess they have that in common, not sure I understand the usefulness of this comparison.

	▲	sseagull 27 minutes ago \| parent \| next [-]
		To me it’s more about the scale of these numbers. After billions, people (like me) kind of lose intuition about how gigantic these numbers actually are. Yes GDP has time in its unit, but it still gives a general idea of the size.
	▲	scarmig 39 minutes ago \| parent \| prev [-]
		GDP is more like a currency/time unit, though.

▲

jordanb 2 hours ago | parent | prev | next [-]

It's cheap if you buy the story that they're building a digital god to rule us all.

▲

Hendrikto an hour ago | parent | prev [-]

1T isn‘t what it used to be. Inflation is exponetial.