Thanks to a powerful 800% gain in the past 12-months, Tesla overtook Facebook to become the 5th-most-valuable company in the S&P 500. Tesla’s market capitalization of $834 billion was greater than Facebook’s $762 billion. Tesla accounts for 2.3 percent of the S&P 500’s market value, topping Facebook’s 2.2 percent position.
Apple, Microsoft, Amazon, Google owner Alphabet, Facebook, and Tesla are now collectively worth more than $8.1 trillion, accounting for nearly 25 percent of the total $33.3 trillion market value of all the companies in the S&P 500.
Tesla’s Elon Musk and Facebook’s Mark Zuckerberg
The race to be the next trillion-dollar S&P 500 company just got more interesting. Up until now, Facebook was the favorite to join the rarified club of four S&P 500 companies valued at $1 trillion or more.
Elon Musk owns nearly 18% of Tesla. Musk’s stake in Tesla is now worth $145 billion. Meanwhile, Mark Zuckerberg owns nearly 13% of Facebook. Zuckerberg’s stake in Facebook is now worth $95 billion.
Elon Musk’s total wealth already surpasses Jeff Bezos. But, Jeff Bezos still owns nearly 11% of Amazon. That puts his stake at $169 billion.
Who’s going to catch Jeff Bezos first?
Apple is still the S&P 500’s most-valuable company at $2.2 trillion, followed by Microsoft at $1.66 trillion. And then in third is Amazon at $1.6 trillion. And then there’s the $1.2 trillion Alphabet (GOOGL) at $1.22 trillion.
Top 10 Most valuable S&P companies (market capitalization)
- Apple Inc (NASDAQ:AAPL): $2.22 trillion
- Microsoft Corporation (NASDAQ:MSFT): $1.66 trillion
- Amazon.com, Inc. (NASDAQ:AMZN): $1.60 trillion
- Alphabet Inc (NASDAQ:GOOGL): $1.22 trillion
- Tesla Inc (NASDAQ:TSLA): $834.17 billion
- Facebook, Inc (NASDAQ:FB): $762.12 billion
- Berkshire Hathaway (NYSE:BRK.A): $549.58 billion
- Visa (NYSE:V): $503.57 billion
- Johnson & Johnson (NYSE:JNJ): $421.31 billion
- Walmart (NYSE:WMT): $414.86 billion