Meta faces landmark antitrust trial

Social media giant is facing off against the federal government in an antitrust trial over claims that it illegally squashed competition by buying Instagram and WhatsApp

MARKET CAPITALISATION – META PLATFORMS, INC.

Trial could result in Mark Zuckerberg’s $1.38tn business being forced to unwind acquisition of WhatsApp and Instagram

Sep 2012: Meta, which already owns Facebook, buys Instagram for $1 billion

Oct 2014: WhatsApp bought for $19bn

Aug 31, 2021: $1.07tr. Meta valuation hits trillion-dollar mark

Nov 5, 2022: $240bn. Loss of over $700bn of market value prompts Zuckerberg to declare
2023 as Meta’s “Year of Efficiency”

Feb 15, 2025: $1.87tr. Valuation pushed towards $2 trillion as investors take emergence of Chinese AI startup DeepSeek as validation of open-sourced models like Meta’s Llama

Apr 14, 2025: $1.38 trillion

$ 2 trillion
$1.5tr
$1tr
$0.5tr
0
2013
2016
2019
2022
2025

Sources: Companiesmarketcap, Reuters, Bloomberg
Picture: Getty Images
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