How Saudi Aramco became the most valuable company in history overnight

Following an unprecedented marketing campaign, Saudi Aramco launched its IPO on the Tadawul exchange in 2019. This video explores the company's record-breaking valuation and its rise to surpass tech giants like Apple and Microsoft.

On December 11, 2019, Saudi Arabia initiated the public offering of Saudi Aramco on the Tadawul stock exchange. Supported by a unique and extensive marketing effort, the company's debut was highly successful.

By the second day of trading, Saudi Aramco reached a market capitalization of 2 trillion dollars. This valuation allowed it to eclipse major corporations such as Apple, Amazon, and Microsoft, securing its position as the most valuable company in history.

Source: The Economics of Saudi Aramco: The Most Valuable Company in History?