Technology

Meta passes $1 trillion in market cap

Meta passes  trillion in market cap

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022.

David Paul Morris | Bloomberg | Getty Images

Meta‘s market cap surpassed $1 trillion during intraday trading Wednesday, hitting the trillion-dollar mark for the first time since June 2021.

Shares of Meta were up 2% Wednesday.

Microsoft also met a market cap milestone on Wednesday, surpassing $3 trillion in value nearly two weeks after overtaking Apple as the world’s most valuable public company. Apple has since reclaimed its spot at the top.

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