Mark Zuckerberg
Meta cofounder and CEO Mark Zuckerberg.
  • Meta is approaching a $1 trillion market cap after Mark Zuckerberg's 'Year of Efficiency'
  • The last time Meta was as trillion-dollar company was in 2021. it suffered a massive stock price wipeout in 2022.
  • Meta conducted its first-ever major layoffs in late 2022 and promised a "Year of Efficiency" in 2023.

Meta is starting off 2024 on a high note after its "Year of Efficiency."

Shares of Meta Platforms are approaching the $1 trillion mark after its stock price gained 200% in 2023.

Meta's market cap is now $966.60 billion, which means it's $33.4 billion away from the prized $1 trillion milestone.