Tesla Inc. CEO Elon Musk is impressed by the sheer size of Amazon.com Inc.'s (NASDAQ:AMZN) cloud computing business, Amazon Web Services (AWS) after the company's first-quarter earnings came in on Tuesday.
What Happened: Musk expressed astonishment after a user, Charlie Bilello, posted AWS's revenue growth over the last decade. He revealed that AWS’s trailing 12-month revenue of $94.4 billion is higher than that of 466 companies in the benchmark S&P 500 index.
Bilello's post shows AWS' revenue growing from $3.1 billion in 2013 to $94.4 billion in 2024 in the preceding 12 months.
Musk posted a one-word reaction to this, saying, "Wow."