Apple Inc and Microsoft Corp are also worth more than $1 trillion on the stock market. And while Amazon.com Inc is currently worth around $935 billion, the e-commerce leader did cross the trillion-dollar threshold briefly in September 2018.
The next closest company is not within $300 billion of the mark, but a handful of companies could contend based on their current values, Reuters reported.
Social media platform Facebook Inc appears to have the pole position. Its $630 billion market value is about $65 billion more than Berkshire Hathaway Inc the next richest company in the S&P 500.
According to Reuters, a lot can happen between now and $1 trillion, and investors asked to handicap the field revealed different choices among the S&P 500 for which U.S. company will be the fifth member of the elite club. The next to join also may not yet be on anyone’s list.
