Bezos sells $4B in Amazon stock as company hits $3T valuation

Amazon crossed the $3 trillion market capitalization threshold on August 3, making it the fifth company in history to reach that valuation. One day later, Jeff Bezos filed to sell approximately 15 million shares worth roughly $4.07 billion. The stock surged as much as 5.3% intraday on the back of strong Q2 earnings, with Amazon Web Services demand riding the AI wave. Amazon now stands alongside Apple, Microsoft, Nvidia, and Alphabet in that exclusive group. The sale and the optics Bezos’s share sale was executed through a prearranged trading plan under SEC Rule 10b5-1, a pre-scheduled mechanism that lets corporate insiders sell stock without being accused of trading on inside information. The plan extends through February 2027. The 15 million shares represent roughly 0.14% of Amazon’s total market value. CNBC’s Jim Cramer noted the potential for negative sentiment surrounding the timing, given the stock was trading at record highs. Bezos has been methodically monetizing his Amazon stake for years, funding everything from Blue Origin to his $10 billion Earth Fund. This latest tranche follows a well-established pattern of large-scale share liquidation. What got Amazon to $3 trillion ...