Apple just got dethroned as the world's largest public company after Aramco's dizzying $1.9 trillion IPO

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Apple just got dethroned as the world's largest public company after Aramco's dizzying $1.9 trillion IPO
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Aramco is worth more than the top US energy firms combined. If it were a country, it would have the world's ninth-largest GDP, ahead of Brazil and Canada.

Apple just got dethroned as the world's largest public company. Apple was valued at $1.2 trillion after Tuesday's close. On Wednesday it got overtaken by Aramco. Aramco surged 10% on its opening day, and is now worth just shy of $1.9 trillion. Aramco's valuation also is worth more than BP, Royal Dutch Shell, Exxon Mobil, and Chevron combined. If Aramco were a country, then it would have the ninth-largest GDP in the world, ahead of Brazil and Canada, and just short of Italy.

Apple just got dethroned as the world's largest public company. Apple was valued at $1.2 trillion after Tuesday's close. On Wednesday it got overtaken by Aramco. Aramco surged 10% on its opening day, and is now worth just shy of $1.9 trillion. Aramco's valuation also is worth more than BP, Royal Dutch Shell, Exxon Mobil, and Chevron combined. If Aramco were a country, then it would have the ninth-largest GDP in the world, ahead of Brazil and Canada, and just short of Italy.

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