- Boosted by a recent stock surge, Facebook's (NASDAQ:FB) market capitalization has overtaken that of General Electric.
- The social network's 26% climb this year has brought its market value to $275B, compared to GE's $273B.
- Some are expressing concerns. GE racked up $149B in sales last year and employed more than 300,000 people. Facebook reported $12.5B in sales and employed roughly 9,200.
Facebook market cap now larger than GE
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Symbol | Last Price | % Chg |
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META | - | - |
Meta Platforms, Inc. |