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Meta Platforms, Inc. rounds out the global top 10 in November 2026 with a market capitalization between $1.59 trillion and $1.63 trillion, edging out #11 Tesla ($1.54 trillion) despite a 5.9% share-price decline in 2026 as of November 12. Founded in February 2004 as Facebook and rebranded to Meta Platforms in 2021, the Menlo Park, California company is led by chairman and CEO Mark Zuckerberg. Meta operates Facebook, Instagram, WhatsApp, Messenger, and Threads, deriving roughly 98% of its revenue from digital advertising while investing heavily in Llama and Muse Spark AI models, custom MTIA chips, and Ray-Ban Meta smart glasses. Trailing 12-month revenue totaled $241.6 billion with $195.8 billion in gross profit, representing an industry-leading 81.03% gross margin across a global workforce of 66,775 employees. Meta Platforms completes the top 10 at roughly $1.59 trillion to $1.63 trillion on $241.6 billion in trailing revenue and an 81% gross margin
Meta Platforms, Inc., headquartered in Menlo Park, California, is an American multinational technology company and is one of the Big Tech companies. Meta owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, WhatsApp, Messenger, and Threads. The company also operates an advertising network for its own sites and third parties; as of 2023, advertising accounted for 97.8% of its total revenue.

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