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The first European trillion-dollar company

Question

Currently, only five companies in the world have a market capitalization valuation of more than USD 1 trillion. Four of them (Apple, Microsoft, Amazon, Alphabet) are based in the United States. One of them is a Saudi Arabian oil company, Saudi Aramco.

The list of companies with the highest market valuation is dominated by companies based in the USA and China.

Only 3 European companies have a market valuation of more than $300 B. These are food producer Nestlé, healthcare company Roche, and luxury goods conglomerate LVMH. The most valuable tech company SAP has a valuation only above $150 B.

When there will be the first European trillion-dollar company?

This question will resolve positively on the day when credible media sources report that the first publicly traded European company has reached a market capitalization of $1 trillion. Value will be calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.

As a European company counts any company with headquarters in Europe. Europe is defined as being a member of the Schengen Area or the European Union. The share price will be taken from any European stock exchange where the company is listed and actively traded.

Categories:
Finance – markets

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