How are they “not obligated to be truthful”? Lying to investors is literally a crime.

In 2026 what really even is financial crime, other than failing to grease the right palms?

Private companies are not obligated to report GAAP numbers which means they can creatively twist numbers while still be truthful until they go public

You need to think about this more creatively.

What we are talking about is entirely based on this one term in the announcement: run-rate revenue. This is a meaningless term just like how “clinically proven” for vitamins is a way for the companies to use weasel words to imply something without truly being able to back it up, but also not actually lying. There is no legal definition of “clinically proven” so, what exactly would you sue them for? The same thing is true for run-rate revenue. They can cherry pick numbers to use to generate the run-rate revenue value and they are not lying, but this isn’t exactly honest either. We have no transparency and run-rate revenue is not an accounting term.

This goes back to my entire point, this is a vibe. This announcement does not provide much in the way of substance, so a reader will take it to say whatever they want.

Are you familiar with Elon Musk's endless, repeated and obvious lies for the last decade?

> How are they “not obligated to be truthful”? Lying to investors is literally a crime.

In the US?

Hahaha, that was a good one, buddy.