• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

'Skills nobody can take': Meet a 20-year-old with a 4.5 GPA who skipped college for technical school to land an 'AI-proof' career

3

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

'Skills nobody can take': Meet a 20-year-old with a 4.5 GPA who skipped college for technical school to land an 'AI-proof' career

3

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’
TechWorld's Most Admired Companies

Facebook’s stock just stole this record from Google

By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
July 13, 2015, 6:04 PM ET
Mark Zuckerberg: David Ramos—Getty Images
Google source logo
Add Fortune on Google for similar content.

Facebook’s market value closed above the $250 billion-mark on Monday for the first time since the social networking giant went public in May 2012.

Facebook (FB), which saw its shares climb by 2.4% to $90.10 apiece on Monday, had the shortest trek of any company to a $250 billion market cap at just over three years. According to Bloomberg, the previous record-holder for the fastest rise to $250 billion was Google (GOOG), which took roughly eight years to hit the mark. (Google now sports a market value of more than $375 billion.)

For Facebook, the milestone comes less than a month after the company helmed by cofounder Mark Zuckerberg knocked Walmart (WMT) off the list of the 10 largest companies by market value. The social networking company’s stock is up more than 15% since the start of the year, thanks to the continued rapid growth of its ad sales business and expanding profit margins. Its shares have gained more than 35% over the past 12 months.

Facebook made its market debut with a splash in 2012, closing its first day of trading with a market value of more than $104 billion. But, the company’s shares fell sharply in subsequent months before stabilizing and beginning the eventual climb to $250 billion.

Earlier this year, Fortune‘s Erin Griffith wrote about how Facebook managed to overcome the company’s “disastrous IPO.”

About the Author
By Tom Huddleston Jr.
See full bioRight Arrow Button Icon

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.