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onlyrealcuzzo 4 hours ago

I don't understand where this $80B, +$150B for SpaceX, +$??B for each Anthropic and OpenAI is going to come from.

There's not that much cash sitting around.

Something is gonna need to get sold to transfer into those assets.

Unless central banks are just going to print money to invest in these companies, I don't know who else is going to be able to take on enough debt to prevent massive sell offs somewhere for this.

It's not like ~$400B is pocket change...

mbesto 3 hours ago | parent | next [-]

(1) There is currently $1T in dry powder in private capital markets

(2) Middle east oil money (Saudi Aramco's profit every year is $100B+)

(3) Public traders have been and are looking to cycle out of other investments into higher growth areas.

impulser_ 4 hours ago | parent | prev [-]

I don't think you understand the size of the US capital market. We are talking probably ~150 trillion.

It's easy as fuck for Google to raise this money because they are a money printing business. They are the most profitable company in the world, so for anyone this is basically the same as buying US debt.

onlyrealcuzzo 4 hours ago | parent [-]

> We are talking probably ~150 trillion.

Yes, but we are talking about liquidity not valuations...

WarmWash 3 hours ago | parent | next [-]

Believe it or not there is actually a shortage of assets and an excess of money. That's in part why valuations are so bonkers.

impulser_ 3 hours ago | parent | prev [-]

This is equities + bonds which are pretty liquid assets.