Alphabet became the fourth U.S. company to reach a $1 trillion market capitalization in January 2020.
Alphabet crossed the threshold on January 16, 2020, joining Apple, Microsoft, and Amazon in the group of U.S. companies valued at $1 trillion or more. Alphabet is the parent company created during Google’s 2015 corporate restructuring.
Google Search and online advertising remain Alphabet’s core businesses. The company also owns YouTube, Google Cloud, Android, and several other projects, while its “Other Bets” division includes experimental ventures such as autonomous driving through Waymo.
The milestone refers to Alphabet’s equity value on public markets. It should not be confused with Google’s revenue, annual profit, or the value of all companies in the technology sector. Alphabet’s share price and therefore its ranking continue to change with market conditions.