Facebook is a $100 billion company again.
The social networks's market cap topped $100 billion Monday, peaking at around $101 billion in early trading, according to data provided to Mashable by FactSet.
Facebook had been valued at $100 billion on the second market in the month prior to going public in May 2012. The company initially raised $16 billion from its IPO, valuing it at just more than $104 billion. However, its market cap declined rapidly in the following months.
The stock hit a low of $17.55 in early September on lingering concerns about its ability to transition to mobile and some notable Facebook insiders selling off stock. As a result, Facebook's market cap dropped below $50 billion.
In recent weeks, the stock has enjoyed a nice surge following an impressive June quarter earnings report, which revealed that mobile ads now account for 41% of the company's total ad revenue. That helped send Facebook's stock back above its IPO price of $38 a share for the first time. Facebook stock closed above $40 a share on Friday for the first time and is now approaching its all-time high of $45 a share, which it hit briefly on the day of the IPO.
By comparison, Google has a market cap of just under $300 billion, while LinkedIn has a market cap of about $32 billion. Twitter, which is expected to go public in the not-too-distant future, is currently valued at around $10 billion.
[img src="http://media.ycharts.com/charts/1a5887b78e3419e296ccb495c15feea2.png" caption="" credit="" alt="FB Market Cap Chart"]FB Market Cap data by YCharts