Well, then MS should be over a trillion now. But it ain’t.
No, Adorno, You can't adjust for future inflation. . . because you never know what inflation is going to be. That is merely wishful thinking. Capitalization only counts in the current valuation of currencies, not in what it someday may be counted as being diluted to; that's meaningless drivel type of thinking. You want to think that way, you can go back to the robber barons of the turn of the last century and use the value of what their stock would one day become worth and say THEIR stock at that time was the first "trillion dollar" company even though it was only capitalized at $100 million, based on the same kind of reasoning. There are companies right now that have capitalizations of over $3 trillion. . . but they are not purely private companies, being quasi government entities or fully government owned.