Social Capital's Chamath Palihapitiya Thinks Amazon (AMZN) Could be Worth $3 Trillion in 10 Years
Get Alerts AMZN Hot Sheet
Join SI Premium – FREE
(Updated - May 4, 2016 1:51 PM EDT)
Social Capital's Chamath Palihapitiya discussed Amazon.com (Nasdaq: AMZN) at today's Ira Sohn conference. Palihapitiya is bullish on the stock and he thinks Amazon could be worth $3 trillion in 10 years.
Growth in Amazon prime is just beginning, said the hedge fund manager. Growth at Amazon Web Services is also expected to be strong, and it could be a $1.5 trillion business by 2025.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Analysts see 'more upside ahead' for Amazon (AMZN) stock
- Equities gain, gold drops as fears of wider Middle East conflict ease
- Jana, in Letter, Urges Wolfspeed (WOLF) to Eye Sale, Other Strategic Alternatives - Reuters
Create E-mail Alert Related Categories
Hedge Funds, Trader TalkRelated Entities
Ira SohnSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!