Comment by kgwgk

2 days ago

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 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”