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0 pointstristanj17d ago0 comments

Sure it might not stay at 94x. But as long as SpaceX trades above 20x revenue, Google makes money from this deal.

And the bigger play is this deal pushes SpaceX over the finish line for S&P 500 inclusion. That's worth tens of billions for everyone involved.

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6 comments · 1 top-level

chrisandchris17d ago· 5 in thread

I rreally dislike how big corp figured out that the can sell stuff to each other without actually moving some good. Looking at you, Nvidia... I have a feeling that the ordinary people will again pay for that.

fooqux17d ago

This sounds exactly like the kind of thing that will be outlawed in thirty years after tracing back the root cause of the second great depression.

dgellow17d ago

That would require regulators to actually pay attention, something they haven’t done actively since a long, long time

anukin16d ago

Why was it not outlawed post dotcom crash? This was exactly the thing that led to the dotcom crash.

elcritch16d ago

Perhaps but the AI drone based WW3 might put nvidia in the black before that.

dyauspitr17d ago

Outlaw what? Prevent companies from selling goods and services to each other?

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