Amazon is 2nd US company to reach $1 trillion market value

  • In this June 16, 2014, file photo, Amazon CEO Jeff Bezos walks onstage for the launch of the new Amazon Fire Phone, in Seattle. On Tuesday, Sept. 4, 2018, Amazon became the second publicly traded company to be worth $1 trillion, hot on the heels of Apple. The company’s blowout success made its founder and CEO, Bezos, No. 1 on Forbes’ billionaires list this year. (AP Photo/Ted S. Warren, File)

NEW YORK — Amazon on Tuesday became the second publicly traded company to reach $1 trillion in market value, hot on the heels of iPhone maker Apple.

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