PRE TAX NTA |$3.41

Value as at close of business on 25 October 2024

Livewire: Amazon's billion dollar bet on toasters

| Photo by Frans Van Heerden / Pexels

Jeff Bezos is proving the sky’s no longer the limit for Amazon as they seek to launch thousands of toaster sized satellites to provide broadband to the world. Some analysts speculate the project could increase Amazon’s valuation by over US$100 billion. Initially the focus will be providing internet access to developing countries.

Learn more about Project Kuiper and what it means for the future of Amazon here.

 

Amazon was recommended by 2018 Sohn Hearts & Minds Conference speaker, Nick Griffin from Munro Partners.

 

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