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Posted on 05/08/2026 2:49:28 AM PDT by SmokingJoe
Zero. There are currently no European-headquartered public companies with a market capitalization of $1 trillion or more.
As of May 2026, the largest European companies by market cap are all well below this threshold (figures are approximate and fluctuate daily): ASML (Netherlands): ~$580–590 billion (the current leader). Roche (Switzerland): ~$320–330 billion. LVMH (France): ~$260–275 billion. Others like SAP (Germany), Novo Nordisk (Denmark), AstraZeneca (UK), etc., are generally in the $200–250 billion range or lower.
For context, the global trillion-dollar club is dominated by U.S. tech giants (e.g., Nvidia, Apple, Alphabet/Microsoft in the multi-trillion range), with a few others like Saudi Aramco. Europe’s largest firms are strong in semiconductors, luxury goods, pharmaceuticals, and software, but none have reached the scale of the biggest American counterparts. Note that "European" here typically refers to companies headquartered in Europe (EU, UK, Switzerland, etc.), not those merely listed or operating there. Market caps are dynamic and sourced from aggregators like companiesmarketcap.com; none currently cross $1T.
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Kind of hard to invest in a place that will be ‘transitioning’ in a decade or so.
The EU’s biggest product is over-regulation by EU and national bureaucracies.
Add in the rapidly increasing Islamization and there is little reason to build a big business there, vs. in the U.S.
The significance of geographically tied ownership and wealth is so quaint as an idea.
I am sure the euros see this as a net positive.
Yup.
The bureaucrats in Brussels are killing innovation in Europe with their crazy rules.
The Antichrist’s empire will rise out of Europe. It will have its capital in Rome. So I would suspect this will change coming up. As America wanes, Europe and the Roman empire will be reborn.
The EU put a priority on protecting existing businesses. They are mostly old school production companies. If you examine the hugely successful American companies, few of them existed at the point where the EU attempted to freeze success by protecting their existing businesses. So, the old school businesses are protected but stuck in time. In the US companies with inefficient business models go bankrupt leaving room for faster, leaner startups that can then grow into a whole new ecological niche that didn’t even exist before they invented it.
If you think Elon Musk is really “America First”...
Yup.
The huge highly successful US companies like Google, Nvidia, Microsoft, Apple etc are all at most at just over 50 years.
SpaceX is under 25 years old.
Hard to believe when you look at how rich and dominant they are.
Exactly. Europe is more like Africa.
Good government jobs.
There is no Google, Apple or Nvdia without ASML.
So have Peter Thiel’s. Too many don’t recognize the wolf in grandma’s bed.
Or Musk in So. Africa.
Apple Silicon relies heavily on ASML technology. Apple’s high-performance chips, including the M-series and A-series (iPhone), are manufactured by TSMC using ASML’s most advanced Extreme Ultraviolet (EUV) lithography machines.
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