Brad Jacobs founded QXO (NYSE: QXO) with a goal of becoming the largest distributor of building products in North America, with a focus on the $800 billion industry. A recent $1.2 billion investment by Apollo Global has caused QXO stock to surge by 20.2%. The investment is intended to fund future acquisitions, as QXO aims to hit $50 billion in annual revenues within the next decade. The investment requires QXO to make qualifying acquisitions by July 15, 2026, ensuring continued growth. Investors should consider the potential for growth in QXO stock, as it continues its expansion in the building products industry.

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