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

Economics Explained

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Introduction

On the 11th of December 2019, the Government of Saudi Arabia launched the initial public offering of the Saudi Aramco Corporation onto the Taddawal Public Stock Exchange. On the second day of trading, the company hit a market capitalization of $2 trillion,. easily eclipsing even Apple, Amazon and Microsoft to go on and become the single most valuable company in history. This channel has never explored an existing company before, and outside of the Dutch East India Company, this will only be the second company we've ever looked at specifically. The corporation is so gargantuan in size that it is probably more impacted by external macroeconomic forces than it is by internal management decisions. After its second

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