About Meta Platforms, Inc.
Meta Platforms, Inc., formerly known as Facebook, builds technologies that help people connect, find communities, and grow businesses. Meta operates Instagram, WhatsApp, Messenger, and Reality Labs (Oculus VR).
Valuation Rank #6Forbes Global 2000 Rank #16PublicSocial Media & Technology
Meta Platforms, Inc.
Market Capitalization
$1.25T
CEO
Mark Zuckerberg
Headquarters
Menlo Park, California, United States
Founded
2004
Financial History
Loading financials chart...
Historical Milestones
2004
TheFacebook Founded
Mark Zuckerberg and roommates found the social site at Harvard University.
2012
Instagram Acquisition
Meta acquires Instagram for $1 billion in cash and stock.
2012
IPO on Nasdaq
Facebook goes public, raising $16 billion in one of the largest tech IPOs.
2014
WhatsApp Acquisition
Facebook acquires messaging app WhatsApp for $19 billion.
2014
Oculus VR Acquisition
Facebook acquires Oculus VR, laying down stakes for virtual reality.
2021
Rebrand to Meta
Facebook rebrands as Meta Platforms to align with metaverse ambitions.
2024
AI Acceleration
Meta rolls out Llama 3 open-source models, driving AI utility globally.
Company Statistics
CEOMark Zuckerberg
HeadquartersMenlo Park, California, United States
Founded2004
Forbes Global 2000#16
Revenue$134.9B
Net Income$39.1B
Founder(s):
Mark ZuckerbergEduardo SaverinDustin MoskovitzChris HughesAndrew McCollum
