$1T Valuation in 33 Years, $2T on 35th - Microsoft
Quote from Ndubuisi Ekekwe on June 23, 2021, 9:26 PMWhat a record for Microsoft: it took it 33 years to hit $1 trillion. In just two years, it hit $2 trillion: "While it took Microsoft 33 years from its IPO to achieve $1 trillion in market capitalization in 2019, the next trillion only took two years, thanks to a rise in interest in tech companies prior to the Covid-19 epidemic and throughout the health crisis."
The technological firm is the second American enterprise to reach such an appreciation, following Apple (AAPL). The $2 trillion mark was already surpassed in 2019 by publicly operating oil company, Saudi Aramco, however it had a mark limit of $1.88 trillion on Tuesday.
What a record for Microsoft: it took it 33 years to hit $1 trillion. In just two years, it hit $2 trillion: "While it took Microsoft 33 years from its IPO to achieve $1 trillion in market capitalization in 2019, the next trillion only took two years, thanks to a rise in interest in tech companies prior to the Covid-19 epidemic and throughout the health crisis."
The technological firm is the second American enterprise to reach such an appreciation, following Apple (AAPL). The $2 trillion mark was already surpassed in 2019 by publicly operating oil company, Saudi Aramco, however it had a mark limit of $1.88 trillion on Tuesday.