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ceejayoz
49 days ago
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Meta readies $25B bond sale as soaring AI costs tr...
Sure, but they aren't insolvent until (at the very least) they
spend
that $43B on hand.
I don't forsee it happening to Facebook anytime soon, but companies going to $0 isn't unprecedented.
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I don't forsee it happening to Facebook anytime soon, but companies going to $0 isn't unprecedented.