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

By Derek Thompson

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):

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This article available online at:

http://www.theatlantic.com/business/archive/2012/05/facebook-bigger-than-amazon-visa-mcdonalds-and-pepsico-updated/257372/