Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
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Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#2[deleted]
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#3FIFY: Google discloses $94B loss
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#4Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#5Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#6FIFY: Google discloses $94B loss
"The company’s marketable equity securities include $80 billion in shares subject to short-term restrictions and $14.1 billion subject to long-term restrictions"
Actually more like $14.1 and whatever value the other $80 is worth when they sell. Which is probably going to be worth well North of whatever is lost on the $14.1 B long-term... All part of the scam to inflate the value of the AI bubble
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#7FIFY: Google discloses $94B loss
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Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#8FIFY: Google discloses $94B loss
It will be difficult since they acquired it for less than a billion 10 years ago.
https://www.theguardian.com/science/2015/jan/20/spacex-fundi...
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#9Didn’t they just raise $85B “for AI”?
Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
#10Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.
They got in at a ~12B valuation. They'll be fine