Google now a 362.38₦ trillion company

Google now a $1 trillion company

Google on Thursday January 16, joined the likes of Apple, Microsoft and Amazon as a 362.38₦ trillion company.

The search engine company was able to record the milestone achievement after its parent company, Alphabet ended the day’s trading at 526067.05₦ per share, up 0.87 percent.

With Thursday's achievement, Google became the fourth S&P 500 component to top the lofty level. Business Insider reported that while Apple and Microsoft are still valued at more than 362.38₦ trillion, Amazon which was the second US firm to ever hit the 362.38₦ trillion level back in September 2018 has since fallen below the number.

This is the first time that three American companies are worth at least 362.38₦ trillion at the same time. The most valuable company on the planet is still oil giant Saudi Aramco, who went public last month at a valuation of 724.76₦ trillion and is currently worth around 652.28₦ trillion.

Alphabet's record market valuation came after a historic change in leadership at the company. Recall that Sundar Pichai became the CEO of both Google and Alphabet after co-founders Larry Page and Sergey Brin announced that they would step back from the company which they founded in 1998.

Post a comment