What’s cooler than a million dollars? Try $266 billion.

That’s the figure at which Wall Street valued Facebook on Friday as the social network giant leapfrogged over JPMorgan Chase to become the ninth-most valuable US company.

It’s just the latest example of Silicon Valley flexing its financial might at the expense of traditional Wall Street powerhouses.

Mark Zuckerberg’s 11-year-old social media company is now worth about $10 billion more than Jamie Dimon’s bank, which has roots dating back to 1799.

Facebook, on the strength of new e-commerce features and bullish mobile-advertising news, saw its shares rise 4.5 percent, to $94.97. They are up 22 percent this year.
JPM shares, up 11 percent in 2015, slipped 37 cents on Friday, to $69.20.

Friday marked the first time Facebook had a market capitalization higher than JPMorgan Chase at the close of regular trading.

Representatives for JPM and Facebook declined to comment.