Meta Poised to Join Elite $3 Trillion Market Cap Club by 2029
The tectonic shifts in global market dominance have seen technology giants eclipse industrial and energy behemoths of yesteryear. Where ExxonMobil and General Electric once reigned supreme with valuations hovering around $375 billion in 2005, today's leaders—Nvidia ($4.3T), Microsoft ($3.8T), Apple ($3.5T), and Alphabet ($3T)—all derive their supremacy from artificial intelligence infrastructure and applications.
Meta Platforms now stands at the threshold of this exclusive club. With a $1.9 trillion valuation and 537% stock appreciation since generative AI's emergence in 2023, the social media titan demonstrates the explosive growth trajectory characteristic of previous entrants. Its strategic positioning in AI development mirrors the early-stage growth patterns that propelled Nvidia's ascent.