"1000K" is one million. "1K" is one thousand.
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it is 1billion dollars
Technically, yes. One thousand can be abbreviated as 'k' so 1000k would be 1 million. 5k would be five thousand, 125k would be one hundred and twenty-five thousand and so on. However the symbol for one million is M so the number 1,000,000 would more appropriately be abbreviated as 1M.