Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by didibus

6 days ago

Google likely won't rent compute from SpaceX, they have a substantial share of SpaceX (they own 5% of it) and need the IPO to be valued highly, so to prop up the IPO stock, they made this announcement, but if you read the fine print, both SpaceX and Google are allowed to cancel it at any time, as-in, after they cash out from the IPO.

0 comments

didibus

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities