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alfiedotwtf 7 hours ago

FIFY: Google discloses $94B loss

minraws 7 hours ago | parent | next [-]

They didn't invest 94B$

But yes the stock could go down much further and I hope they are willing to show the losses if they can show this as gains today.

Imagine the next call being about how their 95$B went to sub 30B$..

Will that be a negative line item. I don't see the point in disclosing this stake as earnings.

But I do get that accounting was made as a tool for companies to show off.

HFguy 6 hours ago | parent | next [-]

Accounting goes back thousands of years. It was not made as a tool to show off. Lesson is more that tools can be abused for other purposes than intended.

minraws an hour ago | parent [-]

correction "modern business accounting".

consensus1 6 hours ago | parent | prev [-]

They don't have to be willing because hiding the losses would be a crime. And it still doesn't matter b/c anyone with a calculator can tell you exactly what the value of their position is on any given day. The $94 billion is 2.4% of Google's market cap, so even if SpaceX goes to zero it will be barely noticeable from the background noise of the stock price movement.

locallost 7 hours ago | parent | prev | next [-]

It will be difficult since they acquired it for less than a billion 10 years ago.

https://www.theguardian.com/science/2015/jan/20/spacex-fundi...

passwordoops 7 hours ago | parent | prev | next [-]

"The company’s marketable equity securities include $80 billion in shares subject to short-term restrictions and $14.1 billion subject to long-term restrictions"

Actually more like $14.1 and whatever value the other $80 is worth when they sell. Which is probably going to be worth well North of whatever is lost on the $14.1 B long-term... All part of the scam to inflate the value of the AI bubble

newsclues 6 hours ago | parent | prev | next [-]

hate makes people stupid.

formvoltron 7 hours ago | parent | prev [-]

[flagged]

kennywinker 7 hours ago | parent [-]

Idk, but he sure did try to get invited to Epstein’s island to “party”.

minton 6 hours ago | parent [-]

Terrible! Source?

TheOtherHobbes 6 hours ago | parent | next [-]

https://www.theguardian.com/technology/2026/jan/30/elon-musk...

For example.

rsynnott 6 hours ago | parent [-]

It is extremely funny that Epstein is clearly all “oh, fuck, not this guy, gotta make an excuse”, here.

consensus1 6 hours ago | parent [-]

I'm not seeing it.

> “Will be in the BVI/St Bart’s area over the holidays. Is there a good time to visit?” Musk states on 13 December 2013.

> “any day 1st - 8th . play it by ear if you want. always space for you,” Epstein replies.

> Musk then sends several emails relaying his schedule, and the two settle on 2 January as a date for the visit. The email exchange ends with Epstein telling Musk that he would need to remain in New York and sending his regrets that they could not meet.

> “Bad news- Unfortunately , my schedule will keep me in New York . I was really looking forward to finally spending some time together with just fun as the agenda. so i am very disappointed. Hopefully we can schedule another time in the near future,” Epstein wrote.

> In November 2012, Epstein sent Musk an email asking “how many people will you be for the heli to island”.

> “Probably just Talulah and me. What day/night will be the wildest party on your island?” Musk replied, in an apparent reference to his former wife Talulah Riley.

> Musk followed up with an email on 25 December in response to another Epstein message that encouraged him to visit and offered use of his helicopter.

> “Do you have any parties planned? I’ve been working to the edge of sanity this year and so, once my kids head home after Christmas, I really want to hit the party scene in St Barts or elsewhere and let loose. The invitation is much appreciated, but a peaceful island experience is the opposite of what I’m looking for,” Musk wrote.

> “Understood , I will see you on st Barth, the ratio on my island might make Talilah uncomfortable,” Epstein responded.

> “Ratio is not a problem for Talulah,” Musk said.

> On 2 January 2013, Musk sent Epstein an email suggesting that the visit wouldn’t take place saying: “Logistics won’t work this time around.”

DoctorOetker 4 hours ago | parent [-]

what ratio? men vs women? or adults vs children?

shakna 6 hours ago | parent | prev | next [-]

Justice Department [0] seems a definitive source.

[0] https://www.justice.gov/epstein/files/DataSet%2010/EFTA01762...

pavlov 6 hours ago | parent | prev [-]

Epstein emails. Google will find it for you.