05-12-2022, 10:26 AM
- Oil giant Saudi Aramco is now the world’s most valuable company.
- It surpassed Apple on Wednesday.
![[Image: 105227228-20160502-2262-2152.jpg?v=15460...&ffmt=webp]](https://image.cnbcfm.com/api/v1/image/105227228-20160502-2262-2152.jpg?v=1546031614&w=740&h=416&ffmt=webp)
Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm.
Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell more than 5% during trading in the U.S. on Wednesday, is now worth $2.37 trillion.
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