For added reference, the company's stock reached $1,000 in October of 2017, and broke $100 in October of 2009.
Apple took nearly 38 years as a public company to achieve the trillion dollar milestone, while Amazon got there in 21 years.
Amazon.com founder and CEO Jeff Bezos.
Its stock surged during morning trading on the Nasdaq, reaching the milestone when its share price hit $2,050.50 per share.
It's official: Amazon is the second United States company to achieve a valuation of more than $1 trillion.
Amazon is the second U.S. company to hit that mark, driven by its continued dominance in the retail world and its highly profitable cloud services business.
Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion ($NZ1.53tn). The company has more than 487.7 million outstanding shares, according to its most recent financial filing.
Amazon's stock rose 1.7 per cent overnight, putting its market value at just over $US1 trillion ($A1.4 trillion). The 54-year-old is now worth more than $166 billion, according to Bloomberg's billionaires index on Tuesday. "Now that it has several high-margin revenue streams, we're seeing those doubts subside".
Bezos' riches have largely come through his ownership of 16.3% of Amazon's outstanding stock.
By the end of that year, Amazon was selling books online throughout the US. "We know there is much we can do better, and we find tremendous energy in the many challenges and opportunities that lie ahead".
Arizona governor names former Sen. Jon Kyl as McCain’s replacement
Sep 04, 2018 - 23:24
John McCain's seat in the upper chamber, The Arizona Republic reports . "What an excellent choice!" he said. And we never doubted the other man's sincerity or the other man's patriotism.
Colton Underwood, Next ‘Bachelor,’ Played For These Three NFL Teams
Sep 04, 2018 - 23:08
And though Colton is clearly having second thoughts about dating Tia , that sentiment does not appear to be requited. Fans watched Underwood's embark on his journey to find love during Becca Kufrin's season of The Bachelorette .
Russia Resumes Idlib Air Strikes amid Warnings
Sep 04, 2018 - 20:12
The presidents of Iran, Russia and Turkey are set to hold a meeting in Tehran on Friday to discuss the situation in Idlib. Restoration of Damascus's control of this province will put an end to large-scale military confrontation in Syria.
Sessions’ job is safe until at least November elections — Trump to Bloomberg
Sep 04, 2018 - 19:38
Justice Department lawyers have previously said Rosenstein is aware of the scope and activities of Mueller's investigation.
Samsung Galaxy Note 9 Smartphone More Powerful Battery, Larger Screen
Sep 04, 2018 - 16:37
We already know the the new iPhone will ship with iOS 12 and Samsung could have made the same promise with the Note 9. On an AMOLED screen, these wallpapers might also save your device's battery as they make use of deep black colors.
Trump criticizes A.G. Sessions for charges against Rep. Collins
Sep 04, 2018 - 15:47
Trump followed up the first tweet with another, saying Democrats must now love Sessions, just like "Lyin' James Comey". Comey, who has said Trump repeatedly requested loyalty and even suggested he back off unhelpful investigations.
Fuel prices, barring one, to remain unchanged
Sep 04, 2018 - 12:34
Led by a spike in global crude oil prices and a fall in rupee , the prices of both petrol and diesel are now at an all-time high. State-run oil companies increased the price of petrol by 16 paise and that of diesel by 19 paise a litre today.
Roger Federer joins the reaction to the latest Nick Kyrgios controversy
Sep 04, 2018 - 12:00
Totally revitalised, Kyrgios dropped just three games in the final two sets, sealing victory after two hours and 47 minutes. But his behaviour and motivation on court changed after this moment and then he dominated the match", Herbert said.
John Millman Just Knocked Off Roger Federer At The US Open
Sep 04, 2018 - 09:58
The 14th-seeded Keys will play Carla Suarez Navarro who ended Maria Sharapova's flawless record in night matches at the U.S. Djokovic beat Joao Sousa 6-3, 6-4, 6-3 to move into the final eight at Flushing Meadows for the 11th time.
Hamilton surprised Vettel gave him opportunity to overtake
Sep 03, 2018 - 18:42
Lewis Hamilton believes the intensity of his Formula One fight with Sebastian Vettel is the greatest he has ever experienced. A Vettel-led Ferrari 1-2 would reduce his lead - if he finished third - to just seven points with seven races remaining.
Pep Guardiola vows Manchester City 'will improve' after the worldwide break
Sep 03, 2018 - 18:30
We need more time, and after the global break, the season starts properly in terms of having games every three days. The mums and dads bring their kids into the schools, they have more order, and we start again.
Pakistan to promote relations with USA on mutual trusts, respect: FM Qureshi
Sep 03, 2018 - 14:43
Mr Trump in August past year unveiled his new South Asia policy and asked Pakistan to do more against such groups. In his victory speech, he said he wanted "mutually beneficial" relations with Washington.
3 impacts Josh Donaldson trade has on the Tribe
Sep 01, 2018 - 19:03
Still, those are the only two times Donaldson has appeared in games since May, so he remains something of an unknown for 2018. In 20 post-season games with Toronto from 2015-16, Donaldson hit four home runs with a 1.000 OPS.
Raiders are 'listening' to trade offers for Khalil Mack
Sep 01, 2018 - 17:54
But the Raiders on Saturday agreed to trade the 27-year-old to the Chicago Bears , ESPN's Adam Schefter reported, citing sources. The team would then negotiate a long-term contract with the star, who has held out over a contract dispute with the Raiders.
US cuts funding for UN Palestinian refugee agency
Sep 01, 2018 - 15:37
Earlier this year, the administration cut UNRWA's scheduled payment of $130 million to just $65 million. The Trump administration is preparing to cut almost $300 million in planned funding for the U.N.