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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022.

David Paul Morris | Bloomberg | Getty Images

Meta‘s market cap surpassed $1 trillion during intraday trading Wednesday, hitting the trillion-dollar mark for the first time since June 2021.

Shares of Meta were up 2% Wednesday.

Microsoft also met a market cap milestone on Wednesday, surpassing $3 trillion in value nearly two weeks after overtaking Apple as the world’s most valuable public company. Apple has since reclaimed its spot at the top.

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