I don’t know why FAANG’s capitalization is so high and at this point I’m too afraid to ask

It has become a favorite pastime among investors and company executives to speculate: who will be the first trillion-dollar company? During the dot-com-crazed 1990s, Cisco Systems Inc. was expected to become the first company to hit a trillion-dollar capitalization. It made it barely halfway there. Today Apple is the biggest company in the S&P 500 with a $756 billion market cap and is widely favored to reach the $1 trillion capitalization the soonest. But there are contenders, Apple may have to beat: If Amazon shares keep rising at the clip they have in the last 12 months, it will get to the elusive $1 trillion market cap in just a little more than two years. Alphabet, the parent company of Google, would need to rise 72% to reach $1 trillion. Alibaba’s market cap is at $460 billion, Microsoft is currently valued at $417 billion and Facebook has a market capitalization of $412 billion.


Source:
Chris Pratt in Parks and Recreation, A New Slogan by Dean Holland, 13.03.2014
investorplanet.com, Luke Lango, 01.04.2018
fortune.com, Lucinda Shen, 31.03.2018
bloomberg.com, Barry Ritholz, 01.03.2018