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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (1525378)	2/25/2025 3:57:37 PM
From: i-node	1 Recommendation Recommended By longz Respond to of 1571324

but by what the market believes it should be. Exactly. And what does the market believe? Nothing. Because there is no market. You answered the question, just that easy. The only way to know what the market thinks is to have a market and ask them. This is why the "Buttonwood Agreement" was reached by a group of merchants before 1800 to establish the NY Stock Exchange. Because a market consists of all buyers and sellers, and the absence of either prevents determination of a fair [honest] valuation. Musk believes X is worth the $44B that he paid for it, and reports are that there are investors who are willing to fund the company based on his own valuation. Right, and Musk can't know whether that figure is the most he could get, or what. If he doesn't get 44B, then perhaps he'll cut it, or perhaps he'll just fund it himself. (The reason he would do this is that by getting a group of investors, they will develop commitment to come across with more down the road). On the strength of Groc, which looks pretty damned good at this point, he might have done well to wait until after the release. Of course, competition will keep up. >> Because it's not like Musk really NEEDS the funding, unless ... can you guess? He has had whatever it was, 500B, literally stolen by a leftist court in Delaware, so, that was a huge unexpected event. OTOH, SpaceX is killing it. So, I'm pretty sure he can fund this on his own if needs to. There is great advantage in having others in the game with you. And I cannot imagine he won't have plenty who are willing to bite. OTOH, he doesn't like debt and would rather have partners. Who knows. Microsoft might decide they want a piece of that action, since they're back to the starting line, apparently.