As of August 2025, ten companies have crossed the $1 trillion market cap mark. Aside from oil giant Saudi Aramco and Taiwan’s TSMC, all are U.S.-based tech firms.
American chipmaker Nvidia (NVDA), which joined the trillion-dollar club in 2023, made history in July 2025 by becoming the first company to reach a $4 trillion valuation, driven by insatiable demand for its AI chips. Microsoft (MSFT) followed weeks later, fueled by continued growth in AI and cloud services. For Nvidia, the leap from niche GPU supplier to global tech leader has been nothing short of extraordinary.
Inspired by this rapid ascent, our team at BestBrokers set out to forecast which of the current trillion-dollar giants might be the next to reach the major milestone of $4 trillion market capitalisation. We also tried to predict which companies with market caps still under $1 trillion are most likely to break into the trillion-dollar club next, using their market capitalisations as of August 4th, 2025, and extrapolating based on their historical average growth rates since 2022.
Our projections indicate that Meta Platforms (META), currently valued at about $1.88 trillion, is best positioned to follow in the footsteps of Nvidia and Microsoft, with its market capitalisation on track to surpass $4 trillion by early 2027, assuming current trends hold. The social media and metaverse giant has seen a sustained resurgence, fueled by AI integration across its platforms and strong advertising revenue. Not far behind is semiconductor powerhouse Broadcom (AVGO), a recent entrant to the trillion-dollar club, projected to hit $4 trillion by May 17, 2027, driven by its key role in AI infrastructure and soaring investor demand for foundational tech.
Meta is set to win the race for the next to the $4 trillion market valuation
Meta Platforms is emerging as the most compelling candidate to join the $4 trillion valuation club next, riding a wave of innovation and strategic reinvention. After years of recalibrating its focus, Meta’s aggressive push into AI-powered tools and immersive metaverse experiences has reignited investor enthusiasm throughout 2025. The company’s robust advertising business remains a cash engine, even as it navigates tightening regulatory scrutiny and shifts in user behaviour. This resurgence positions Meta to potentially cross the $4 trillion mark by early February 2027.
Hot on Meta’s heels is Broadcom, whose rise from relative obscurity to tech titan has captivated Wall Street. Having just crossed the trillion-dollar threshold, Broadcom’s integral role in powering AI chips and data centrе technology is driving rapid growth. Investor appetite for semiconductors underpinning AI infrastructure has propelled Broadcom toward a $4 trillion valuation, expected by May 2027. This trajectory underscores how chipmakers are becoming central to the tech sector’s future, especially amid ongoing AI adoption.
Beyond these front-runners, other tech giants continue to build momentum, albeit on longer timelines. Amazon, with a market cap around $2.29 trillion, and Taiwan Semiconductor Manufacturing Company (TSMC), valued near $1.22 trillion, both leverage their dominance in cloud services and chip manufacturing respectively, positioning each to reach $4 trillion by 2028. Despite their immense size, Alphabet and Apple are expected to experience more measured growth due to evolving market dynamics and increasing competition, with Alphabet projected to reach $4 trillion by August 2029 and Apple by January 2031.
Meanwhile, financial powerhouse Berkshire Hathaway, which reached the $1 trillion milestone on August 28th, 2024, is expected to follow a steadier growth trajectory, taking nearly nine years to reach $4 trillion. Absent from our projections is Saudi Aramco, as analysis shows a negative average growth trend over the past three years, indicating its market capitalisation is more likely to decline than expand.
As 2025 unfolds, the race toward $4 trillion market caps is about more than just numbers, it reflects where innovation, strategy, and investor sentiment are converging to reshape the global economic landscape. Meta and Broadcom are rewriting expectations, while the industry watches keenly to see who will claim the next milestone.
Oracle, JPMorgan, Netflix or Palantir – who will reach $1 trillion market cap first?
According to our estimates, three of the world’s largest public companies are on the cusp of joining the trillion-dollar club within the next year.
Financial powerhouse JPMorgan Chase, valued at around $795 billion, and retail giant Walmart, at approximately $785 billion, are racing neck and neck, each leveraging transformation to fuel notable growth, around 33% and nearly 30% over the last three years, respectively. JPMorgan’s push into digital banking mirrors Walmart’s evolution from brick-and-mortar retail to e-commerce dominance, illustrating how legacy giants can reinvent themselves and thrive in the digital age.
In the technology sector, Oracle’s meteoric rise, driven by a strategic pivot to cloud computing, is reshaping investor expectations. Its impressive 53% market cap increase over the past three years puts it on track to break $1 trillion within a year, highlighting how adapting to new tech frontiers can dramatically accelerate valuation.
Eli Lilly, competing closely with Novo Nordisk in the fast-growing weight-loss drug market, has climbed over 33% in the past three years, even with a 5.5% pullback in 2025. That rise has been driven by strong demand for its GLP-1-based treatments and growing investor confidence in its late-stage pipeline. With key trials underway and new indications on the horizon, Eli Lilly is shaping up to be a defining player in the next chapter of global healthcare.
Netflix and Palantir have also emerged as strong contenders in the $1 trillion race, particularly when focusing on their short-term growth from 2024 to 2025. Over this period, their market capitalisations surged by 84.78% and 81.69%, respectively. These gains secure their place among the frontrunners, even though their three-year growth rates lag behind. For Palantir, the long-term trajectory suggests it is about three and a half years away from the milestone, but its latest annual growth rate cuts that estimate down to just 1 year and 7 months.
Together, these companies tell a compelling story of diverse industries converging on a single milestone, each harnessing innovation and transformation to redefine what it means to be a trillion-dollar titan in 2025.
Methodology
Our team at BestBrokers looked at the 25 most valuable global companies as of August 4th, 2025, sourced from CompaniesMarketCap.com. We calculated how much each company’s market capitalisation has increased on а year-over-year basis between July 2022 and August 2025, and took the average of these percentages. We then applied this average growth rate to every firm’s market capitalisation as of the time of preparing this report. This allowed us to project the approximate time it will take for each company to reach a market value of $1 trillion and $4 trillion, starting from the date at the time of writing.