GOOGL: Alphabet Stock Hits Record Above $3 Trillion. It’s the Fourth Company to Enter the Club.

💰 Google Parent Hits $3T

Alphabet stock GOOGL jumped 4.5% Monday and crossed into the uncharted $3 trillion territory, becoming only the fourth company in the world to eclipse that lofty milestone.It’s a big deal for the Google parent, which fought hard to get there. Earlier this month, the company’s management, traders, and investors collectively took a sigh of relief when a judge said they won’t be looking to break up the tech titan. More precisely, Chrome stays and Android stays.Since the start of the year, shares of the search engine giant are up 33%, outperforming every other company in the Magnificent Seven. Who are the biggest players inside?

👀 The Rankings

Google’s $3 trillion threshold positioned it to rub shoulders with only three companies that have been able to cross the figure. Can you guess who they are?It’s Nvidia NVDA, the world’s most expensive company at $4.3 trillion, Microsoft MSFT, ranking second at $3.8 trillion, and Apple AAPL, apparently just sitting there at $3.5 trillion with no big AI news while diamond hands wait for the big breakthrough.Now that the company got there, it needs to figure out a way to stay there. Google’s dominant position in search is under threat as Perplexity, OpenAI and other chatbot makers are slowly chipping away at the search market.Google’s share in the global search market dipped below 90% back in 2024 and hasn’t climbed back above. It’s the first sustained drop since 2015.

💯 Look Back

Quick look to where it all started. Google’s parent may now be worth $3 trillion, but back in 2004 it was a $23 billion IPO that raised $1.7 billion and floated at $85 a share.In split-adjusted terms, the IPO price is equal to $4 today. On day one, the stock didn’t do huge numbers, gaining 18% to close above $100.Now the mandatory calculation: If you invested $10,000 in the shares back then, today you’d be sitting on $1.3 million, bagging 131x your initial investment on a 13,043% increase. But you were too busy being 6 years old?