metaplatforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a sizeable part of the social media operator’s business in the second half of the decade.

“Basically, we’re hoping to reach about a billion people in the metaverse making hundreds of dollars in trade, each buying digital goods, digital content, different things to express themselves, whether it’s clothing for their avatar or other digital goods for their virtual home. . or things to decorate your virtual conference room, utilities to be able to be more productive in virtual and augmented reality and the whole metaverse in general,” he said.

Investors cut the company’s market capitalization in half this year as growth slowed and the number of daily active users fell…