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 $14.1 B long-term... All part of the scam to inflate the value of the AI bubble
https://www.theguardian.com/science/2015/jan/20/spacex-fundi...
But yes the stock could go down much further and I hope they are willing to show the losses if they can show this as gains today.
Imagine the next call being about how their 95$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.
"The Market", at this scale, means "You find the buyer(s) yourself and work up the deal with a hundred lawyers and PR staff and hope the contract negotiation stays secret".
pingou•55m ago