Amazon (AMZN) executive chair Jeff Bezos is very optimistic about the future of his company’s stock ahead of Donald Trump’s return to the US presidency. The Amazon founder said he is “optimistic” about President-elect Donald Trump’s second term in office. He also expressed some excitement about potential regulatory cutbacks in the coming years.

“I’m actually very optimistic this time around,” Bezos said on stage during an interview at The New York Times‘s DealBook Summit in New York. “He seems to have a lot of energy around reducing regulation. If I can help do that, I’m going to help him.”

“We do have too many regulations in this country,” Bezos added.

Amazon Stock to Surge When Trump Takes Office?

Amazon Stock (AMZN) Amazon (AMZN) stock has been one of the top performers on the US stock market in 2024. The stock has even outpaced the Dow Jones in the last three months and is set to rise higher next year. The climb could start as soon as Donald Trump’s presidential inauguration, according to Bezos.

In another part of his interview, Bezos said he doesn’t expect Elon Musk, who has been tasked with cutting regulations in the upcoming Trump term, to use his power to hurt his business competitors like Amazon. Bezos owns Blue Origin, a rival to Musk’s SpaceX.

Big businesses and tech like Amazon all expect an immediate stock surge at the start of 2025. For Amazon though, this surge will also be in part due to its involvement in the AI industry.

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Amazon Web Services (AWS) recently presented several significant artificial intelligence projects. These comprise the launch of basic artificial intelligence models, collaborations with GitLab and PagerDuty, and a new video search tool created with startup Twelve Labs. Although the stock is down 3.7% from its 52-week high of $215.90, AMZN still sits over $200. Over the past year, AMZN has risen by 43%, and its efforts in AI could propel the stock further in 2025.

At press time, Amazon stock sits at $218. Over the coming month, if AMZN replicates its 30-day 10% climb, it could open 2025 at just under $240. This opens another door to push towards a $250 stock valuation sometime at the start of Trump’s Presidency in January.