Apple, Microsoft and Amazon are close to passing Saudi Aramco for the most valuable company in the world.
Aramco is valued at $1.72 trillion
Apple is valued at $1.66 trillion
Microsoft is at $1.62 trillion
Amazon is at $1.60 trillion
The future is technology and technology is winning over old industries.
Jeff Bezos is nearing $200 billion in net worth. This does not include over $63 billion in net worth for his ex-wife.
Elon Musk is worth over $70 billion and is now the seventh richest in the world.
Less than one month ago, Nextbigfuture discussed the clear path to $3 trillion valuations for the big tech companies.
Apple and Microsoft were worth about $1.5 trillion less than 3 weeks ago. Amazon was worth $1.3 trillion. Google will also double in value before 2025.
Microsoft and Amazon are both rapidly growing their cloud computing businesses. Cloud Computing Market is projected to grow at around 18% per year from now to 2025. This will be more than double from now to 2025. Amazon, Microsoft and Google will continue to be the big winners in cloud computing.
Microsoft, Apple and Amazon each doubled their stock price in the last 2-2.5 years.
Brian Wang owns shares of Amazon, Tesla, SpaceX, Alibaba and Netflix and owns technology index funds that cover all of the other major technology companies.
SOURCES- Google Finance
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
49 thoughts on “Apple, Amazon and Microsoft Close to Passing Aramco for Most Valuable and Bezos Nearing $200 Billion”
“Well Apple, Amazon, and Microsoft do provide lots of actual things that people buy. Hardly .com’s”
Lol, what a flawed commentary. iPhones are not an actual thing? Apple is just a”. com” according to this guy.
And most of it has just been pulled out of a dark, smelly hole.
You get into arguments with other people. You did not prove me wrong about Maduro. I don’t care about a wrong prediction. I made a prediction about Venezuela and it did not pan out. The Cuban security apparatus has been successful in preventing a change in government. They have an oil for food program with some Mexican companies. Things happen. You are not permitted to be rude to me or anyone else because you have used up any good will. You know you have to be extra polite and courteous. If you can’t handle then it then you will get blocked again..and again and again. People will not change their minds.
Bezos has O’Neill’s plan, which is ISRU, Space Solar, Space mining, eventually population settlement, all in SPACE. NOT Mars or any planet, even Earth. And rotating settlements are as easy at 1 g as at partial, as most of the strength is to contain air pressure, not provide g.
“But blue origin was originally thinking suborbital.” One would hope to see the future plans accentuated in a blog about the *next future*, not only achieved things. And Bezos’ long understanding of O’Neill is clearly not limited to sub-orbital. Have you read “The High Frontier”?
Well, they say data is the new oil, which means it has some benefits along with being toxic and dangerous…
However, does the secretive Bezos have an artificial gravity plan? Shouldn’t be too difficult to deploy an– expandable– rotating cylindrical space station composed of three cable and cylindrical boom connected pressurized habitats derived from the New Glenn propellant tank technology.
The advantage of artificial gravity, even if its only 0.5g, is that it could allow people to remain in space indefinitely without the need to return to the Earth after only a few weeks or a few months in space.
Go ahead buy the stock of these better software companies.
Blue origin was started in 2000. This was before Spacex. But blue origin was originally thinking suborbital. They have only recently gone suborbital and have never flown to orbit. After Spacex got to orbit and got the falcon 9. Then they started copying spacex. As Spacex got reusability. It is good that blue origin try to copy Spacex. Because Spacex is leading and trying to follow is prudent. But blue origin still has not gotten to orbit. The big deal would be if they make the new Glenn. Which is trying to match falcon heavy. But bezos can comfort himself with Amazon crushing retailers and winning with cloud computing
Secondary market via connected investors. Need to be qualified investor
You’re being hysterical.
Blue origin was founded September 8, 2000.
SpaceX was founded May 6, 2002.
That half million dead are just faking it for LOLs.
If I remember clearly, he was just beaten. And it was because he was clumsy.
Amazon is literally a .com
Musk is a planetarian, so is destined to fail in comparison to the next big future, G. K. O’Neill.
“Later Bezos shared “his vision” of trillions of people living in space
structures after Musk shared his vision of people living in Mars.” Bezos has been an understander of G. K. O’Neill almost as long as I, over 40 years. And, as such, realizes that the Earth is not the place to be, being a planet, as is Mars. Have you read “The High Frontier”?
Oh, my bad… eBay… but whatever. It doesn’t change the gist of my comment… Musk started x.com and was instrumental in making PayPal one of the largest online payment processors, and that’s just as significant as Bezos and Amazon… Plus Musk to the money he made of PayPal, and gone on to do something far more significant that money than most.
PayPal was sold to Ebay for a while, but is now an independent company. Bezos never owned PayPal.
user22 never said that. That was just another wrong assumption from D Drake.
Bezos as a copycat short list:
Elon starts rocket company. Bezos follows after him.
SpaceX started landing rockets and reusing them. Blue Origin started landing rockets after Elon and they want to reuse them.
Spacex raptor engine uses LOX and methane. Blue origin BE-4 engine doesn’t use Rp-1 or hydrogen but uses liquified natural gas.
Elon shares his vision of starting city on Mars and millions of people living there.
Later Bezos shared “his vision” of trillions of people living in space structures after Musk shared his vision of people living in Mars.
Elon starts satellite constellation Starlink. Bezos follows as a copycat with plans of Kuiper.
Elon starts electric car company Tesla. Bezos follows and invests in electric car company Rivian.
Tesla is making a lot of interesting patents. Of course Rivian starts copying it and starts all kinds of patents, some are just dumb ones.
Tesla is working on self driving,.. Amazon acquires self driving startup Zoox of course later on.
And so on and on I could easily find more of it.
If he can’t see that Bezos copies Musks so often that D Drake is dumb as a brick or just don’t know what he is talking about.
And yet every single one of those companies is worth more than totalitarian Iran in its entirety…ponder that Chester!
He was molested on the 2nd floor, just ask Suzanne Vega.
Oh, Musk set up one of the world’s first online banks… X.com which later merged into PayPal… And that was then sold to Bezos in 2002.
Well Apple, Amazon, and Microsoft do provide lots of actual things that people buy. Hardly .com’s
Most shares i own are from private companies.
SpaceX does private placements regularly, find a broker that can get you into a pool for the next round.
There is usually a minimum barrier to entry, you must be accredited(no poors).
Keep in mind, those previous events are unrelated to each other and stock market performance is unrelated to GDP. The stock market is theoretically related in the performance of the companies those component stocks represent. Those companies that helped save the day are truly doing quite well. Society just needs silicon valley to completely take over the food supply chain, all will be ready to weather the next pandemic without skipping a beat despite the masses fetishization of ignorance and stupidity.
IPO does not mean the first time shares are available for sale. It means the first time shares are listed on a stock exchange for sale to the general public.
Hundreds of millions of dollars worth of SpaceX shares have been sold already. Just look at the wikipedia description.
Such things are open to individuals such as
It would be a weird thing to make a mistake about.
I think he was referring to his belief Musk invented rockets and self driving vehicles and Bezos copied him by having investments in those areas.
I agree with your sentiments on smaller organisations being superior (in most ways).
But don’t see any way that this would become an enforced rule sufficiently to overcome the few advantages that larger organisations do have (increased power, increased difficulty to opt out or choose competitors, political reach).
I will note that fracture of overly large nations down to a maximum unit size of say… no more than 5 million people, would be part of this.
I’ve not followed Musk’s complete career, but when did he set up a world wide retail and delivery service that became one of the planet’s major retailers?
You sure you own shares of SpaceX?
Has been kind to the wealthy
And lunar lander, etc.
This Just shows the lack of creativity of the herd of sheeple investors …. they all just follow… the market rewards those with the greatest follower herd instincts…
Ultimately, smaller systems create less layers of dependency and hierarchy and greater autonomy, adaptability, sustainability, self determination good management and well being. This is self evident and true for every system and therefore should be advocated in all instances whenever there is a sufficient case for it. Big systems eventually become self advocating on the expanse of the greater good. While initially there maybe some gains in size the extra unnecessary command and control and middle layers unneeded segmentation and segregation that are eventually created by big systems are eventually cancelled compared to the increased efficiencies that small systems create overtime if allowed to develop uninterrupted.
I have zero respect towards Bezos, who just copies everything Musk does. Amazon working conditions are notorious bad.
On other hand Musk does not immitate, but invents and does what is hard, inspires. He has my respect.
Oh, poor Amarco… Your reign at the top was so short lived.
You have shares in SpaceX? How is that possible if there’s been no IPO?
Umm – huh? I mean, I get that you’re saying you want to somehow incentivize more local sales/companies that get taxed locally. But what is the “value of localization”? What’s that about “close to source hard drives”? Please clarify.
I suspect space tourism – other than the “extreme adventure” kind – will not catch on until someone builds a ship doesn’t become a fire ball in order to land. That might mean burning a lot of fuel to cancel most orbital velocity. Or a really large rotovator maybe.
Bubble, bubble, toil, and trouble … These valuations won’t end well.
I’m not convinced that Confucianism values (especially filial piety and ritual) which underwrite most day-to-day activities in China, and the industries and cultural entities created from such, can really spread outside of China in any meaningful way. there just isn’t any desire to emulate, follow, or build-upon this system outside. When Chinese lower and middle classes reach a certain level of self-sufficiency and wealth, they, and by extension China, will stagnate at a GDP in the top 5 but not leading. A value system based on ‘promoting face’ cannot really compete, if that is desirable, with a system based on STEM-focussed, ruthless individualism and entrepreneurship. China will be safe, modern, and influential but without admiration and covet. The US will lose international appeal but will continue to inwardly create, destroy, and re-create at the highest level in the world, enjoying the highest GDP for a country also in the top 25% for population. But for influence and likelihood of spreading emulation, a German value system that values productivity, high tech, community/ history, and diverse ideas will most likely move into the more modern and liberal north african, middle east, and south europe zones. The world belongs to no-one but will balkanize, with distinct cultural ‘flavors’ for the modern countries. Fear not for we can all be rich and tech-adorers, but dominance and cultural imperialism will fade with immigration levels and reduced scarcity. More, less friendly
In a fixed world where the value of localization is recognized, cloud computing will be fairly taxed and using close to source hard drives incentivized so instead of these monsters gaining more clout on our life without producing much of a value by shifting the world to clod computing it will stay closer to the source wherever there is enough case for it.
Bezos is currently investing about $1 billion a year in Blue Origin. It should be interesting to see how much he invest in space on an annual basis after the New Glenn becomes operational next year.
I’d advise him to deploy a New Glenn upper stage derived– dry station– ASAP. Spacious 7 meter in diameter space hotels that are perhaps up to 16 meters long could be major destination hubs for commercial launch vehicles. But he could double the volume of the orbital facility if he retrofitted the upper stage (wet station), adding it to the dry station as a spacious recreational microgravity area for tourist and for storage of water, food, and back up machinery and equipment).
Blue Origin does not have an O’Neill plan. Like Musk’s contribution to his aspirational red whale, Bezos’ contribution to O’Neill is cheaper access to space via his nascent launch provider business.
FAANG seems like ripe targets for european online services taxation increases, WTO anti-trust investigations and monopoly abuse investigations, and US break-up initiatives. Never try to be too successful, it just makes too many enemies, rent-seekers/ fake litigation cases, and government hearings. Are hyper-monopolies, whether legally or on-face, stifling of innovation and entrepreneurship? -or- providing much needed focussed capital for larger-scale projects otherwise unavailable for mere multi-$billion-cap companies?
Does this account for Amazon support of Blue Origin, which may be the biggest once O’Neill plan is executed? I realize they are *separate*, but not really in a practical sense.
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