Microsoft briefly reached a $3 trillion market capitalization in January 2024.
Microsoft crossed the level during trading on January 24, 2024, becoming the second company after Apple to reach a $3 trillion valuation. The figure was produced by multiplying Microsoft’s stock price by its shares outstanding.
The company’s transformation from a personal-computer software supplier into a broad technology platform supported the milestone. Microsoft operates businesses including Windows, Office, Azure cloud computing, gaming, search, and professional networking through LinkedIn.
Investor enthusiasm about cloud computing and artificial intelligence contributed to the company’s valuation in this period. Market capitalization is not the same as enterprise value, which also accounts for debt and cash, and both measures can change as share prices move.