Today, Nvidia has reached a market cap of $5,000,000,000,000.
This number is so big, it's hard to fully comprehend. As a reference point, it's higher than Germany's GDP in 2024. But not sure if that's a useful comparison.
So let's compare it to something we've all
become familiar with and I think developed some intuitive sense for: A unicorn.
AKA a startup valued at $1 billion. Once an elusive dream, now the entry ticket for a hot AI company or the comp package for 2-3 top AI researchers. ;-)
So Nvidia is now worth 5,000 unicorns. Easy math, I know, but still hard to fully grasp what it means, so let's try...
100 unicorns = $100B.
Ballpark-wise, that’s the market cap of Spotify – the most successful tech company coming out of Europe in the last 20 years (though my bet is on @RevolutApp to surpass them! :).
1,000 unicorns = $1T
I remember when Cisco's stock kept growing and growing in 1999/2000 and eventually reached ca. $500B, I got a little nervous (as I had put a few thousand Mark into Cisco stock) because I was wondering "is it even possible that one company could be worth $1000B?!?".
Turned out that was close to Cisco’s all-time high. But eventually, Apple crossed the $1T threshold in 2018, and now there are 12 public companies worth $1T or more.
THIS is what Nvidia is worth as of today.
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