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It would be extremely foolish for an early investor like Alphabet to liquidate SpaceX holdings en masse all at once. Also, for better or worse, SpaceX did incr
by LarsDu88 2mo ago
It would be extremely foolish for an early investor like Alphabet to liquidate SpaceX holdings en masse all at once.
Also, for better or worse, SpaceX did increase by about 200B today.
For all it's faults, it is forming a massive military and telecom monopoly that is nearly unassailable. In the next few years, it can start directly competing with Verizon. The Ukrainian military and civilian population heavily relies on those satellites
- janalsncm 2mo ago> It would be extremely foolish for an early investor like Alphabet to liquidate SpaceX holdings en masse all at once. I agree, which is just one more reason why the original reason you proposed for Google’s investment is very likely not correct. More likely is that Google got a good deal on compute from them. Normal business reasons. > Also, for better or worse, SpaceX did increase by about 200B today. The relevant question is how much it would have increased without Google’s investment of an additional $12B. If the answer is “more than $0” then the fact that it only increased $200B means it was a bad investment to pump the stock.