Amazon shares fall as market cap crosses $3tn, analysts link it to Jeff Bezos

Amazon briefly crossed the $3 trillion market-cap threshold on August 3, closing more than 4.5% higher at a record price. But in overnight trading, the shares slipped about 1% after a regulatory filing revealed founder Jeff Bezos plans to sell 15 million shares valued at $4.07 billion. The timing cooled investor enthusiasm just hours after the historic rally. According to a report by Stocktwits, the filling listed August 3 as the approximate sale date. The shares were acquired as founder stock in July 1994 and will be sold under a Rule 10b5-1 trading plan adopted in November 2025. If completed, Bezos’ stake would fall from 884 million shares to 869 million, or about 8.1% of Amazon’s 10.79 billion outstanding shares.