Facebook is now more valuable than General Electric
Advertisement
Advertisement
AP Photo/J. Walter Thompson
GE's market cap sits at around $273 billion.
Facebook's origins go back to a Harvard dorm room a little over ten years ago. The social media company reaches a whopping 1.44 billion monthly active users.
As Matt Phillips notes, Facebook now has a market cap of $275 billion.
In other words, it is now bigger than GE.
Advertisement
For what it's worth:
Facebook is now bigger than General Electric http://t.co/iERfPlgOG1Chart: http://t.co/2GW849dqPI pic.twitter.com/woqI6haoyz
- Atlas (@atlascharts) July 20, 2015
Advertisement
- Markets bounce back in early trade on firm global trends; buying in ITC, Reliance
- Rupee trades in narrow range against US dollar in early trade
- Online Privacy and Data Security
- 5 things to avoid doing if your phone gets wet
- Intense rains quench Uttarakhand’s wildfire frenzy; Supreme Court tells state govt. to stop relying on rain god