Amazon could be the first company worth $1 trillion — but it’ll cost a lot of jobs to get there
With Anindya Ghose
Amazon has shot to historic highs this year and could eventually be the first company to reach a $1 trillion market cap.
According to Anindya Ghose, a professor at NYU’s Stern School of Business, the e-commerce giant could be the first company to break through the $1 trillion barrier for market capitalization. The company is currently worth about $476.07 billion, which means it would need a 110.1% increase in its stock price to reach that level.