I really hope they told the Louisiana regulators this in the meeting yesterday because the argument was something along the lines of “Meta is worth $2T”
At the current price of $107,586 per kilo of gold, that is 731,507 kilos of gold per year. A rail box car has a load limit of 92,500 kilos. Eight full box cars, or 16 half full box cars of gold currently represents the annual output of META.
They “deploy” much more than what they generate.
Their cash position has gone from $44bn to $12bn in the first six months of the year and are now getting other people to pay for datacenters https://www.reuters.com/business/meta-taps-pimco-blue-owl-29...
I take offense to your implication this is an incorrect usage of the word deploy.
As opposed to employ? :p
I really hope they told the Louisiana regulators this in the meeting yesterday because the argument was something along the lines of “Meta is worth $2T”
Ouch. Other FAANG in a similar position?
I guess there's no 'M' in "FAANG" but there's this:
https://www.geekwire.com/2025/im-good-for-my-80-billion-what...
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At the current price of $107,586 per kilo of gold, that is 731,507 kilos of gold per year. A rail box car has a load limit of 92,500 kilos. Eight full box cars, or 16 half full box cars of gold currently represents the annual output of META.