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A comment on OpenAI Uses Complex and Circular Deals to Fuel Its Multibillion-Dollar Rise. Parent comment

Re:OpenAI Uses Complex and Circular Deals to Fuel Its Multib... by dmoy on Friday October 31, 2025 @11:45AM (#45773367)
> Now Rivian can lose 5 billion a year and I don't hear anything about it, and OpenAI can lose 11 billion in a quarter and Microsoft

Rivian stock is down 90%, and I fairly regularly read financial news about it having bad earnings, stock going even lower, worst-in-industry reliability, etc etc.

I don't know why you don't hear about it, but it might be because it's already looking dead in the water so there's no additional news juice to squeeze out of it.

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Re:OpenAI Uses Complex and Circular Deals to Fuel Its Multib... by guywithahat on Friday October 31, 2025 @03:07PM (#45775546)
That's true, I shouldn't have written it off and was too eager to make the analogy.

There was a point where because of Tesla's enormous profits, it was seen as ok for Rivian to lose that much in a year, which was incredible because it's about the same amount of money Tesla lost during its entire tenure as a public company. You're right though they've been criticized for it and have paid the (stock) price for it.

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