Berkshire Hathaway joins $1 trillion club, Meta fastest to reach milestone
Quick Take
Berkshire Hathaway recently joined the elite club of companies with a $1 trillion market cap, a milestone that took over 44 years to achieve. This accomplishment highlights the journey of other major companies to the $1 trillion mark.
Among the “Magnificent 7” tech giants, Apple reached $1 trillion in over 37 years, Microsoft in over 33 years, and NVIDIA in 24 years. Amazon crossed the threshold in 21 years, while Google took 15 years. Tesla achieved this milestone in 11 years, but Meta stands out as the fastest, reaching $1 trillion in just over nine years, according to Visual Capitalist.
While Berkshire Hathaway is the first non-tech US company to achieve this milestone, Meta has the quickest ascent among tech stocks.
As a thought experiment, consider MicroStrategy, which had a market cap of $26 billion in August 2024 after adopting Bitcoin as a treasury asset in 2020, when its market cap was around $1.3 billion. To match Meta’s rapid rise to $1 trillion, MicroStrategy would need to achieve this feat by August 2029, an ambitious target that highlights the remarkable speed of Meta’s growth.
![Time it took to hit $1T: (Source: visualcapitalist)](https://cryptoslate.com/wp-content/uploads/2024/08/btc-91.png)
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