NKLA Market Cap History



Below is a table of the NKLA market cap history going back to 5/11/2020:

Date NKLA Market Cap
5/11/2020604.06M
7/30/202011.01B
11/5/20207.66B
2/19/20218.37B
5/4/20214.26B
7/29/20214.79B
11/1/20215.05B
2/21/20223.28B
5/2/20222.95B
8/1/20222.91B
10/31/20221.81B
2/20/20231.39B
5/4/2023634.40M
8/1/20232.43B
10/30/20231.06B
2/26/2024965.65M

Also see: NKLA Shares Outstanding History
and NKLA YTD Return
NKLA Historical Market Cap:
+13.15% CAGR
NKLA Historical Market Cap: +13.15% CAGR

Mouse over chart for data details
5/11/2020 ...2/26/2024
Nikola is a designer and manufacturer of heavy-duty commercial battery-electric and hydrogen-electric vehicles and energy infrastructure solutions. Co. operates in two business units: Truck and Energy. The Truck business unit is developing and commercializing battery electric vehicles, or BEV, and hydrogen fuel cell electric vehicles, or FCEV, Class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sector. The Energy business unit is focused on developing and constructing a hydrogen fueling ecosystem and providing BEV charging support to meet anticipated fuel demand for Co.'s FCEV and BEV customers, as well as other third-party customers. We show 16 historical shares outstanding datapoints in our NKLA shares outstanding history coverage, used to compute NKLA market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing NKLA market cap history over the course of time is important for investors interested in comparing NKLA's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of NKLA versus a peer is one thing; comparing NKLA market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like NKLA can fluctuate over the course of history. With this page we aim to empower investors researching NKLA by allowing them to research the NKLA market cap history.
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Nikola (NKLA) is categorized under the Consumer sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

NLS Market Cap History
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