Redid the Amazon math scale...ready
Amazon is up a gigantic $360 in the last week or about 17%
Doing quick math that if Amazon continues on this trajectory that by December 31st 2020 Amazon will have a screaming value of $7,600,000,000,000
498,000,000 (outstanding shares) x 360 = $179,000,000,000
$179,000 000,000 x approximately 36 weeks left in the year gets you approximately $6.4 trillion in added market cap on top of the $1.2 trillion it already carries, so a combined value of a $7.6 trillion dollar company. The numbers are absolutely mind-boggling. What I'm saying is that these gains are literally impossible to continue on the upward trajectory that Amazon has been climbing. There is no way a single company can be worth 38% of our national GDP!!!!!!!!!!
Amazon is up a gigantic $360 in the last week or about 17%
Doing quick math that if Amazon continues on this trajectory that by December 31st 2020 Amazon will have a screaming value of $7,600,000,000,000
498,000,000 (outstanding shares) x 360 = $179,000,000,000
$179,000 000,000 x approximately 36 weeks left in the year gets you approximately $6.4 trillion in added market cap on top of the $1.2 trillion it already carries, so a combined value of a $7.6 trillion dollar company. The numbers are absolutely mind-boggling. What I'm saying is that these gains are literally impossible to continue on the upward trajectory that Amazon has been climbing. There is no way a single company can be worth 38% of our national GDP!!!!!!!!!!