Exactly, few would oppose a stake in rare earths mining or something, but the more likely endgame of this is a government stake in companies like Google and Palantir. Which will inevitably lead to even more influence and “special access” privileges.

Edit: others have pointed out that the government likely already had investments in most of these tech firms through In-Q-Tel, which is also a potential issue, but that’s funding for small growing companies. It’s another matter entirely when government owns a percentage of our mature technology infrastructure.

I'm against the government having stake in any private company. It incentivizes the wrong behaviors. Regulations need to be written by a neutral party. Policy decisions need to be fair and balanced between the players in the market, not favoring one that they "own".