Alphabet, Google’s parent company, first exceeded a $1 trillion market capitalization in 2020.
Alphabet passed the threshold during trading on January 16, 2020. The milestone placed it among a small group of technology companies whose stock-market values had reached thirteen figures.
Alphabet’s core business is Google, whose products include Search, YouTube, Android, and Google Cloud. Advertising remains central to the company’s revenue, while cloud computing and subscription products provide additional growth areas. Alphabet also holds experimental and long-term projects through its Other Bets division.
Alphabet was created in 2015 as part of a corporate restructuring. Google became a subsidiary, allowing the company to separate its core internet businesses from ventures such as self-driving technology and life sciences. The Alphabet name is therefore distinct from the Google name, even though Google supplies most of the parent company’s value.