3 ms·

that's not a grant. That's just buying stocks.

• BeetleB 1y ago
  It's effectively a grant. The US government isn't buying existing shares. Intel is issuing new shares and selling them to the US government - so actual money is being transferred to Intel (and existing shares are being diluted as a result).
  • loeg 1y ago
    That's just buying stocks (at-the-market offering).
    • BeetleB 1y ago
      Nope. When I buy stocks at market price, the company gets none of my money. When the company issues new stocks and sells them, the company gets the money.
      • loeg 1y ago
        I think you're maybe unfamiliar with what an ATM offering is; try googling it.
        • BeetleB 1y ago
          Fair point. The key issue in the thread, which I think we both agree on, is that yes, the government is giving money to Intel.
      • deleted 1y ago
        [deleted]