4 ms·

FIFY: Google discloses $94B loss

passwordoops 3mo ago
"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
formvoltron 3mo ago
[flagged]
- kennywinker 3mo ago
  Idk, but he sure did try to get invited to Epstein’s island to “party”.
  - minton 3mo ago
    Terrible! Source?
    - pavlov 3mo ago
      Epstein emails. Google will find it for you.
    - TheOtherHobbes 3mo ago
      https://www.theguardian.com/technology/2026/jan/30/elon-musk-epstein-files-island-visits https://www.theguardian.com/technology/2026/jan/30/elon-musk... For example.
      - rsynnott 3mo ago
        It is extremely funny that Epstein is clearly all “oh, fuck, not this guy, gotta make an excuse”, here.
        consensus1 3mo ago
        I'm not seeing it. > “Will be in the BVI/St Bart’s area over the holidays. Is there a good time to visit?” Musk states on 13 December 2013. > “any day 1st - 8th . play it by ear if you want. always space for you,” Epstein replies. > Musk then sends several emails relaying his schedule, and the two settle on 2 January as a date for the visit. The email exchange ends with Epstein telling Musk that he would need to remain in New York and sending his regrets that they could not meet. > “Bad news- Unfortunately , my schedule will keep me in New York . I was really looking forward to finally spending some time together with just fun as the agenda. so i am very disappointed. Hopefully we can schedule another time in the near future,” Epstein wrote. > In November 2012, Epstein sent Musk an email asking “how many people will you be for the heli to island”. > “Probably just Talulah and me. What day/night will be the wildest party on your island?” Musk replied, in an apparent reference to his former wife Talulah Riley. > Musk followed up with an email on 25 December in response to another Epstein message that encouraged him to visit and offered use of his helicopter. > “Do you have any parties planned? I’ve been working to the edge of sanity this year and so, once my kids head home after Christmas, I really want to hit the party scene in St Barts or elsewhere and let loose. The invitation is much appreciated, but a peaceful island experience is the opposite of what I’m looking for,” Musk wrote. > “Understood , I will see you on st Barth, the ratio on my island might make Talilah uncomfortable,” Epstein responded. > “Ratio is not a problem for Talulah,” Musk said. > On 2 January 2013, Musk sent Epstein an email suggesting that the visit wouldn’t take place saying: “Logistics won’t work this time around.”
        DoctorOetker 3mo ago
        what ratio? men vs women? or adults vs children?
    - shakna 3mo ago
      Justice Department [0] seems a definitive source. [0] https://www.justice.gov/epstein/files/DataSet%2010/EFTA01762434.pdf https://www.justice.gov/epstein/files/DataSet%2010/EFTA01762...
locallost 3mo ago
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-funding-google-fidelity https://www.theguardian.com/science/2015/jan/20/spacex-fundi...
minraws 3mo ago
They didn't invest 94B$ But yes the stock could go down much further and I hope they are willing to show the losses if they can show this as gains today. Imagine the next call being about how their 95$B went to sub 30B$.. Will that be a negative line item. I don't see the point in disclosing this stake as earnings. But I do get that accounting was made as a tool for companies to show off.
- consensus1 3mo ago
  They don't have to be willing because hiding the losses would be a crime. And it still doesn't matter b/c anyone with a calculator can tell you exactly what the value of their position is on any given day. The $94 billion is 2.4% of Google's market cap, so even if SpaceX goes to zero it will be barely noticeable from the background noise of the stock price movement.
- HFguy 3mo ago
  Accounting goes back thousands of years. It was not made as a tool to show off. Lesson is more that tools can be abused for other purposes than intended.
  - minraws 3mo ago
    correction "modern business accounting".
newsclues 3mo ago
hate makes people stupid.

"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

formvoltron 3mo ago

[flagged]

kennywinker 3mo ago
Idk, but he sure did try to get invited to Epstein’s island to “party”.
- minton 3mo ago
  Terrible! Source?
  - pavlov 3mo ago
    Epstein emails. Google will find it for you.
  - TheOtherHobbes 3mo ago
    https://www.theguardian.com/technology/2026/jan/30/elon-musk-epstein-files-island-visits https://www.theguardian.com/technology/2026/jan/30/elon-musk... For example.
    - rsynnott 3mo ago
      It is extremely funny that Epstein is clearly all “oh, fuck, not this guy, gotta make an excuse”, here.
      - consensus1 3mo ago
        I'm not seeing it. > “Will be in the BVI/St Bart’s area over the holidays. Is there a good time to visit?” Musk states on 13 December 2013. > “any day 1st - 8th . play it by ear if you want. always space for you,” Epstein replies. > Musk then sends several emails relaying his schedule, and the two settle on 2 January as a date for the visit. The email exchange ends with Epstein telling Musk that he would need to remain in New York and sending his regrets that they could not meet. > “Bad news- Unfortunately , my schedule will keep me in New York . I was really looking forward to finally spending some time together with just fun as the agenda. so i am very disappointed. Hopefully we can schedule another time in the near future,” Epstein wrote. > In November 2012, Epstein sent Musk an email asking “how many people will you be for the heli to island”. > “Probably just Talulah and me. What day/night will be the wildest party on your island?” Musk replied, in an apparent reference to his former wife Talulah Riley. > Musk followed up with an email on 25 December in response to another Epstein message that encouraged him to visit and offered use of his helicopter. > “Do you have any parties planned? I’ve been working to the edge of sanity this year and so, once my kids head home after Christmas, I really want to hit the party scene in St Barts or elsewhere and let loose. The invitation is much appreciated, but a peaceful island experience is the opposite of what I’m looking for,” Musk wrote. > “Understood , I will see you on st Barth, the ratio on my island might make Talilah uncomfortable,” Epstein responded. > “Ratio is not a problem for Talulah,” Musk said. > On 2 January 2013, Musk sent Epstein an email suggesting that the visit wouldn’t take place saying: “Logistics won’t work this time around.”
        DoctorOetker 3mo ago
        what ratio? men vs women? or adults vs children?
  - shakna 3mo ago
    Justice Department [0] seems a definitive source. [0] https://www.justice.gov/epstein/files/DataSet%2010/EFTA01762434.pdf https://www.justice.gov/epstein/files/DataSet%2010/EFTA01762...

locallost 3mo ago

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-funding-google-fidelity https://www.theguardian.com/science/2015/jan/20/spacex-fundi...

minraws 3mo ago

They didn't invest 94B$ But yes the stock could go down much further and I hope they are willing to show the losses if they can show this as gains today. Imagine the next call being about how their 95$B went to sub 30B$.. Will that be a negative line item. I don't see the point in disclosing this stake as earnings. But I do get that accounting was made as a tool for companies to show off.

consensus1 3mo ago
They don't have to be willing because hiding the losses would be a crime. And it still doesn't matter b/c anyone with a calculator can tell you exactly what the value of their position is on any given day. The $94 billion is 2.4% of Google's market cap, so even if SpaceX goes to zero it will be barely noticeable from the background noise of the stock price movement.
HFguy 3mo ago
Accounting goes back thousands of years. It was not made as a tool to show off. Lesson is more that tools can be abused for other purposes than intended.
- minraws 3mo ago
  correction "modern business accounting".

newsclues 3mo ago

hate makes people stupid.