Facebook is now more valuable than General Electric
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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.
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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
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