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Thrive Capital buys about $215 million of Amazon stock

Thrive Capital buys about $215 million of Amazon stock

The Joshua Kushner firm is broadening its public-market strategy, pairing a large Amazon position with continued holdings in Figma, Oscar Health, Shopify and a multibillion-dollar SpaceX stake.

Fact Check
Bloomberg's Aug 14, 2026 article confirms Thrive Capital disclosed a roughly $215 million Amazon stake in a regulatory filing, matching the claim's core figure. The paired $100 million Shopify investment is confirmed by a separate Bloomberg article and PYMNTS from May 2026. The AI-infrastructure/software framing is consistent across sources. CryptoBriefing corroborates both figures. All material assertions are supported by primary reporting with no conflicting evidence.
Summary

Thrive Capital held 904,038 Amazon shares valued at about $215.5 million as of June 30, adding a major public-market position to Joshua Kushner's firm's mix of private and listed technology investments. The stake was disclosed in a regulatory filing on Aug. 14 and comes as Amazon's market value has climbed above $3 trillion, helped by a rally following strong earnings and signs that its artificial intelligence spending was driving fresh demand for cloud-computing services. The filing also showed Thrive maintained positions in Figma, Oscar Health and Shopify, while valuing its SpaceX stake at $3.23 billion at the end of June. The update adds detail to Thrive's broader strategy of expanding public-market holdings alongside its well-known venture bets on companies including OpenAI, SpaceX and Stripe. Earlier this year, Thrive raised more than $10 billion for a new fund focused on AI applications, infrastructure, robotics and life sciences. In July, a report said Thrive Holdings, the year-old holding company affiliated with Thrive Capital, was raising about $2 billion from investors including SoftBank, Altimeter Capital and D1 Capital Partners to pursue AI-driven acquisitions. Former Disney CEO Bob Iger rejoined the firm in April as an adviser.

Terms & Concepts
  • cloud-computing services: On-demand computing resources such as processing power, storage and software delivered over the internet.
  • public-market position: An investment in securities such as listed stocks that trade on public exchanges.
  • regulatory filing: A formal disclosure submitted to authorities that can reveal investment holdings and other required information.