Will Shopify Be a Trillion-Dollar Stock by 2040?

While the rate of growth may have eased up after last year's meteoric spurt as locked-down individuals launched their own start-ups at a record pace, expansion is reverting to a more normalized and sustainable pace for the long term. Founded in 2004, Shopify went public 11 years later. At around $1,470 per share today, Shopify is a $182 billion company that's valued at 43 times this year's sales, or what Wall Street says makes it fully valued at this level.