Facebook Bigger Than Amazon, Visa, McDonald's, and Pepsico [Updated]

Facebook raised $16 billion in its initial public offering Thursday, valuing the company at $104 billion. Trading throughout Friday could increase that figure significantly. Facebook's market cap is already larger than Amazon.com, Visa, and McDonald's.

If the stock pops just 30%, Facebook's market cap will eclipse JP Morgan, making it more valuable than any bank in the United States. 

The graph below compares Facebook, in red, to about 30 of the most valuable companies in America. We will be updating this graph throughout the day.

The link to Facebook's live stock is here. The IPO was at $38.

Click to expand (last updated: 11:55am EST):

Screen Shot 2012-05-18 at 11.54.25 AM.png

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Why Principals Matter

Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

Video

What Fifty Shades Left Out

A straightforward guide to BDSM

More in Business

Just In