Amazon is next in line to be part of the $1 trillion market cap

BY ANGEL CRYPTO | September 6, 2018

The share price of Amazon (AMZN), the Washington-based e-commerce giant has recently crossed the $2050.27 level, right a month after Apple (AAPL) exceeded the $1 trillion cap in August.

In fact, September begins on a great note for Amazon as it becomes the second firm to join other companies that are already listed within the $1 trillion market cap threshold. Amazon previously had its IPO (Initial Public Offering) back in 1997 at a starting price of $18. If today we estimate $1000 worth of Amazon that was purchased at its IPO price back then, the value will amount to over $1.1 million.