Amazon Faces a Big Blow: $53 B Loss in Market Value After Trump’s Twitter Scare‑Tactic
When former President Donald Trump took to Twitter in a flurry of anger about one of America’s biggest retailers, the market didn’t take kindly to the drama. Amazon’s shares skidded, wiping out roughly $53 billion of its value in a single day.
What Sparked the Storm?
- Trump’s Stated Grievances: He blasted Amazon for supposedly paying little or no taxes to state and local governments, for exploiting the USPS as a delivery “body‑guard,” and for allegedly harassing thousands of small retailers.
- Jeff Bezos Eyes the Press: Bezos owns the Washington Post, which famously won a Pulitzer in 2017 for exposing possible exaggerations in Trump’s charitable donations. Trump has dismissed the outlet as “phony” and “fake news.”
- Axios Rumor: Just a day before the tweet, Axios reported that Trump was “obsessed” with cutting Amazon’s influence through antitrust measures.
How Did Investors React?
Market participants took the president’s jabs at face value. As soon as the tweet went live, Amazon’s stock plunged, wiping an astronomical amount of value from the market cap. Trading volume spiked, and many analysts reassured investors that the crash was more a reaction to rhetoric than to any real market fundamentals.
Is This a Game-Changer?
“Sure thing,” says a tech‑industry insider, “but for now it’s a headline. Trump’s mood swings are as unpredictable as a toddler with a lemon.” While antitrust scrutiny is a real concern, the current loss is likely just a flash‑moment shock, not a lasting structural change.
Bottom Line
Amazon has gotten a nasty slap on the wrist from former President Trump’s Twitter feed, but the company’s strong fundamentals and diversified portfolio remain intact. Stay tuned for updates, but for now, Amazon still stands tall—just with a temporary dent in its market value.
