A company can spend more than a decade building something new and never sell a single share to the public. It raises its early money privately and gets bought whole by a larger company. From then on its accounts disappear into its owner's. The product keeps its own name on the street. The company behind it stops existing as anything an outsider can own.
An investor who wants a piece of such a business is left with one choice: the owner's share, which carries the business at whatever weight the owner's accounts give it. The owner can keep the price it paid to itself, report the unit's revenue nowhere, and mention it in a sentence or two a year.
Zoox is that kind of company, and Amazon is that kind of owner. A robotaxi with no steering wheel carries riders around the Las Vegas Strip, and the only security that owns any of it is Amazon's share. That share can be held directly, or as the AMZNX/USDT Spot token on BloFin, while the AMZNUSDT Perpetual tracks its price without holding it.
What is Zoox?
Zoox is Amazon's autonomous ride-hailing company, founded in 2014 and acquired by Amazon in 2020, which builds and operates a purpose-built robotaxi with no manual controls. Amazon describes it as an independent subsidiary, and its vehicle carries four passengers in carriage seating at up to 75 miles per hour in either direction (source: Amazon, December 14, 2020).
Say you order a Zoox on the Strip. The vehicle that pulls up has neither a front nor a back: it drives in both directions, steers with all four wheels, and turns around in a tight space without reversing. Inside are four carriage seats (source: Amazon, December 14, 2020). There are no driver's controls, because the vehicle was built for the exemption pathway NHTSA opened for vehicles without traditional manual controls (source: Zoox, July 30, 2026). Cameras, radar and lidar at each corner give it a 270-degree view, and the design carries more than 100 safety features that conventional cars do not have, including an airbag system built for a vehicle with two fronts (source: Amazon, December 14, 2020). Amazon described it at the reveal as a fully functional, electric, autonomous vehicle built from the ground up for dense city streets (source: Amazon, December 14, 2020).
The vehicle was designed without a driver's position rather than adapted from a production car, and that is also why Zoox needed a federal exemption before it could charge a fare. Federal motor vehicle safety standards carry requirements written for human drivers, so a vehicle without traditional manual controls needs an exemption from the National Highway Traffic Safety Administration before it can charge for rides (source: Zoox, July 30, 2026). Zoox received the demonstration version of that exemption in August 2025 and the commercial version in July 2026.
Can you buy Zoox stock?
Zoox stock cannot be bought, because Zoox has never issued public shares. Its only record at the Securities and Exchange Commission is four notices of private securities sales, the last filed on October 31, 2019, and it has never registered a public offering (source: SEC EDGAR, Zoox, Inc. company filings). Amazon agreed to buy the whole company in June 2020.
Say you search your broker for a ZOOX ticker. Nothing comes back, because no such share exists. The private placements those four notices recorded predate the acquisition, and Amazon has owned the company since 2020 (source: Amazon, December 14, 2020). A pre-IPO marketplace that still carries a Zoox profile is therefore showing a company Amazon already owns. The four notices are the trail of a private company raising money from investors it chose. The registration statement that would have let anyone buy is the document Zoox skipped, and Amazon's purchase of the company in 2020 closed the question. Amazon's announcement of the deal said Zoox's chief executive and its co-founder would go on running it as a standalone business (source: Amazon, June 26, 2020). Six months later Amazon was calling it an independent subsidiary (source: Amazon, December 14, 2020).
The same answer holds for every Amazon business that lacks a listing of its own. Can you buy AWS stock works through the largest case, a cloud business that produced most of Amazon's operating income and still has no share of its own. Zoox is the small case of the same rule. The share that what Amazon stock is describes is the only security that owns the robotaxi. It owns the robotaxi together with the warehouses, the cloud and the advertising business, in one indivisible piece.
What Amazon paid for Zoox, and where Zoox sits in Amazon's accounts
Amazon has kept the price it paid for Zoox to itself. Its annual report for 2020 records the year's acquisitions as a single figure, $1.2 billion in aggregate net of cash acquired, without naming Zoox or any other company (source: Amazon 2020 Form 10-K). Zoox appears nowhere in Amazon's 2025 annual report or its second-quarter 2026 report.
What the filings do give is where the cost goes. Amazon's technology and infrastructure line includes spending on "the development of a satellite network for global broadband service and autonomous vehicles for ride-hailing services", and those costs are generally expensed as they are incurred (source: Amazon 2025 Form 10-K). That line was $108.5 billion in 2025, up 23%, and the annual report attributes the rise to infrastructure spending including depreciation (source: Amazon 2025 Form 10-K). Zoox's share of it is therefore unknowable from outside. Amazon's AI capex and cash flow follows the depreciation that drives that increase back to the data-center build that causes it.
Zoox lacks a segment and a revenue line of its own. Amazon reports three segments, North America, International and AWS, and seven revenue lines (source: Amazon 2025 Form 10-K). Amazon's business segments explained lists what each of the seven counts, and a robotaxi fare is on none of them by name. Until July 2026 Zoox lacked federal approval to charge a fare, so the service produced costs and no fare revenue. Once fares are charged they will land in whichever line Amazon assigns them to, and the annual report will say which only if the amount becomes material.
How far Zoox's robotaxi service has come
Zoox has run a public robotaxi service on and around the Las Vegas Strip since September 10, 2025, the first fully autonomous ride-hailing service in a purpose-built vehicle (source: Zoox, September 10, 2025). On July 30, 2026 it received the federal exemption that allows it to charge for rides (source: Amazon Q2 2026 results release).
Date | Milestone | Source |
|---|---|---|
August 2025 | First demonstration exemption from NHTSA under the new pathway for vehicles without manual controls | Zoox, July 30, 2026 |
September 10, 2025 | Public service launched on and around the Las Vegas Strip through the Zoox app | Zoox, September 10, 2025 |
April 29, 2026 | Amazon reports the purpose-built robotaxi in testing in Austin and Miami, expanded service in San Francisco and Las Vegas, an agreement to put Zoox robotaxis in the Uber app in Las Vegas and Los Angeles, nearly 2 million miles and more than 350,000 riders | Amazon Q1 2026 results release |
July 30, 2026 | NHTSA Part 555 commercial exemption: Zoox cleared to charge for rides; more than half a million riders carried | Amazon Q2 2026 results release; Zoox, July 30, 2026 |
September 1, 2026 | Testing begins in Houston and San Diego, the eleventh and twelfth US cities on Zoox's list | Zoox, September 1, 2026 |
Amazon reports the same milestones a quarter at a time. Its first-quarter 2026 release recorded testing in Austin and Miami, the Uber agreement, nearly 2 million miles and 350,000 riders (source: Amazon Q1 2026 results release). Its second-quarter 2026 release recorded the exemption (source: Amazon Q2 2026 results release). By July 2026 Zoox's own count had passed half a million riders carried, with another half a million on the waitlist (source: Zoox, July 30, 2026).
The twelve cities are at different stages. Zoox begins each city by mapping it manually with a retrofitted test fleet. It then moves to autonomous testing and puts the purpose-built vehicle on the road last (source: Zoox, September 1, 2026). The September 2026 list of twelve therefore runs from Las Vegas, where the public rides, to Houston and San Diego, where mapping had just begun. The July 2026 exemption covers the vehicle itself, and Zoox said it was completing state-level requirements in Nevada and California, the two states where it ran a service, before charging fares (source: Zoox, July 30, 2026).
Zoox beside Waymo and Tesla
Zoox competes with two robotaxi programs run by listed companies, Waymo and Tesla's own service. Waymo sits in Alphabet's Other Bets segment, and Alphabet funded most of its $16.0 billion round in February 2026 (source: Alphabet 2025 Form 10-K). Tesla's robotaxi ran in seven US metros by mid-2026, its Cybercab in production (source: Tesla Q2 2026 update).
The three parents disclose different amounts. Alphabet says Waymo provides paid, fully autonomous rides in multiple cities (source: Alphabet 2025 Form 10-K). Other Bets lost $7.5 billion in 2025, a figure that included a $2.1 billion compensation charge for Waymo employees based on the unit's estimated stock value (source: Alphabet 2025 Form 10-K). Alphabet also notes that some of its Other Bets have their own boards and outside investors (source: Alphabet 2025 Form 10-K). Tesla reports its robotaxi metros and its Cybercab capacity but no robotaxi revenue line (source: Tesla Q2 2026 update). Amazon's disclosure for Zoox stops at the milestones: it gives the unit's revenue, cost and fleet size nowhere. There is no Waymo ticker either, and Alphabet's structure adds one detail Amazon's lacks: outside investors hold minority stakes in Waymo that they cannot trade (see Waymo and Alphabet shareholder value). Tesla unveiled the Cybercab in October 2024 and has been rolling the service out since (Tesla's robotaxi and Cybercab).
Say you want all three robotaxi parents in one account. Tesla's and Alphabet's shares trade on BloFin as the TSLAX/USDT Spot and GOOGLX/USDT Spot tokens, and as the TSLAUSDT and GOOGLUSDT Perpetuals, so the three parents can sit side by side. Waymo and Zoox trade only through their parents, and Tesla's robotaxi is Tesla. Amazon and Tesla are the two capex-heavy parents with a robotaxi program inside them, and Amazon and Tesla compared as stocks is where the two are weighed.
A Zoox milestone reaches a holder only as a move in the parent's price, which the AMZNX/USDT Spot pair tracks around the clock on weekdays; the pair's live price and order book are on its page.
Globalstar, the Amazon-linked company that still trades
Globalstar is an Amazon acquisition target that a holder can still buy on its own, because Amazon's agreement to acquire it has yet to close. Amazon signed a merger agreement on April 13, 2026, and expects the deal to close in 2027 (source: Amazon Q2 2026 Form 10-Q).
Say you held one Globalstar share, listed on Nasdaq as GSAT, as the deal approached closing. Before it closes you would choose between $90.00 in cash and 0.3210 Amazon shares, with the stock choice capped at $90.00 of value (source: Amazon Q2 2026 Form 10-Q). At Amazon's September 21, 2026 close of $258.45, 0.3210 shares were worth about $82.96, so on that day the cash paid more (source: Stock Analysis, AMZN statistics). The cap on cash elections, the closing conditions and what Amazon is buying, spectrum for a second satellite constellation, are set out in Amazon Leo (Project Kuiper) and the stock. Once the deal closes, Globalstar would sit inside Amazon the way Zoox does: a name in the releases, a cost in the expense lines, and no security of its own. Until then it is the one piece of Amazon's plans with a price of its own on a screen. Globalstar closed at $83.04 on September 21, 2026, between the value of the stock election and the $90.00 cash, so the market was pricing the offer with a discount for the wait (source: Stock Analysis, GSAT). Zoox's holders sold in a private deal at a price Amazon never published, while Globalstar's terms and closing timetable are on file, so a holder can read what the parent's share will absorb and when.
How Zoox reaches AMZNX and the AMZNUSDT Perpetual
Zoox reaches an AMZNX holder as one undisclosed part of the Amazon share each token tracks, and it reaches the AMZNUSDT Perpetual only through Amazon's price, because the contract carries a claim on that price alone. AMZNX/USDT traded at 259.60 on September 22, 2026.
Say you hold 100 AMZNX when a Zoox headline lands: a new city, a first fare charged, or a recall. The route from that headline to your balance runs through accounts that leave Zoox unnamed. The cost sits in technology and infrastructure, any fare will sit in whichever revenue line Amazon chooses, and both end in Amazon's earnings. The market valued the whole company at $2.79 trillion on the September 21, 2026 close (source: Stock Analysis, AMZN statistics). Your 100 AMZNX at 259.60 are about 25,960 USDT of that company, and Zoox's part of the sum is whatever part of $2.79 trillion the market assigns to a business with unreported revenue. What tokenized Amazon (AMZNX) is sets out the certificate behind each token, one custodied Amazon share held by the issuer. The token therefore carries exactly as much of Zoox as the share does, and a robotaxi write-off or a first profitable quarter reaches you only through Amazon's price.
The perpetual stands one step further away. On September 22, 2026 the AMZNUSDT Perpetual last traded at 259.93 with an index price of 259.83 and a funding payment every eight hours. A Zoox headline moves it only if it first moves that index. What moves Amazon's stock price puts the AWS growth rate first and the company's spending plans second. A robotaxi unit with unreported revenue sits inside the second of those, where a headline moves the share through what the market expects it to cost.
BloFin's spot list and its perpetual contracts both stop at the parents. On September 22, 2026 both lists stopped short of any instrument for Zoox, Globalstar, Waymo or Uber, while Tesla's and Alphabet's shares traded on both. Buying the parent through the token means an eligibility check, then a spot order for a fractional quantity that pays a fee and a spread, the three steps priced in how to buy tokenized Amazon on BloFin. What that order buys of Zoox is a clause in a cost note, which is the whole of Amazon's disclosure so far.
Looking to gain exposure to Amazon? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and navigate to the AMZNX/USDT Spot trading page or AMZNUSDT Perpetual page.
Frequently asked questions
Is Zoox going public?
Amazon's filings say nothing about a Zoox listing or spin-off. Zoox has an existing company record at the SEC, under CIK 0001675949. A public offering would surface first as a registration statement filed under that record or as an Amazon Form 8-K, and neither exists (source: SEC EDGAR, Zoox, Inc. company filings). Unlike Waymo, whose February 2026 round was funded mostly, and so not wholly, by Alphabet, Zoox has no outside investor Amazon has named (source: Alphabet 2025 Form 10-K).
What company owns Zoox?
Amazon owns Zoox. Zoox, Inc. is a Delaware corporation based in Foster City, California (source: SEC EDGAR, Zoox, Inc. company filings). Amazon announced an agreement to acquire it on June 26, 2020 (source: Amazon, June 26, 2020). At the December 2020 reveal of its vehicle, six months after the deal, Amazon described Zoox as designed and manufactured in the United States and already testing in Las Vegas, San Francisco and elsewhere in the Bay Area (source: Amazon, December 14, 2020).
Is Zoox part of Amazon stock?
Every Amazon share carries Zoox, because Zoox's results are consolidated into Amazon's, but no Amazon filing reports Zoox on its own. Amazon presents Zoox to its shareholders as an achievement rather than a number. Its 2026 proxy statement lists the Las Vegas launch, the first fully autonomous ride-hailing service in a purpose-built robotaxi, among the year's highlights for shareholders (source: Amazon 2026 proxy statement). The annual report names the business only as a cost inside technology and infrastructure (source: Amazon 2025 Form 10-K).
How much did Amazon pay for Zoox?
The figure is unpublished. The 2020 annual report records $1.2 billion for all of that year's acquisitions together, net of cash acquired, and says $1.1 billion of that was capitalized as in-process research and development, an intangible asset for technology still being developed (source: Amazon 2020 Form 10-K). The same note gives one reason for all of the year's acquisitions, to acquire technologies and know-how. It says pro forma results were omitted because the acquisitions were immaterial to Amazon's results (source: Amazon 2020 Form 10-K). Any figure more precise than that comes from press reports, unconfirmed by Amazon.
Who runs Zoox?
Aicha Evans is Zoox's chief executive and Jesse Levinson is its co-founder and chief technology officer, the two Amazon named as continuing to lead the company when it announced the acquisition in June 2020 (source: Amazon, June 26, 2020). Both spoke at the December 2020 reveal of the vehicle, Evans as chief executive and Levinson as chief technology officer on the safety design (source: Amazon, December 14, 2020). Both held those roles when the service launched in Las Vegas in 2025 (source: Zoox, September 10, 2025).
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. All facts independently verified. Primary sources include Amazon's announcements of June 26 and December 14, 2020, its annual reports for 2020 and 2025 on Form 10-K, its second-quarter 2026 Form 10-Q, its results releases for the first and second quarters of 2026 and its 2026 proxy statement, filed with the Securities and Exchange Commission, the Commission's EDGAR record for Zoox, Inc., Zoox's own announcements of September 10, 2025 and March 11, March 23, July 30 and September 1, 2026, Alphabet's 2025 annual report, Tesla's second-quarter 2026 update, Stock Analysis for the September 21, 2026 close, and BloFin's AMZNX/USDT and AMZNUSDT pages, read on September 22, 2026.
Nothing in this article constitutes financial advice, and nothing in it predicts whether Zoox will ever be listed, or recommends buying, selling or holding Amazon, Alphabet, Tesla or Globalstar in any form. Amazon reports no revenue, cost or fleet figure for Zoox, so what the business is worth inside the share cannot be read from the filings; the robotaxi service depends on federal and state approvals that can be withdrawn or delayed, and the Globalstar terms quoted here apply to a deal that has not closed. AMZNX tracks the share's price and carries the issuer's and custodians' risk in addition, and a leveraged position in AMZNUSDT can be liquidated by a single session's move. Past performance does not indicate future results. Do your own research and consider your risk tolerance before you trade on BloFin.