Re:Google will pay SpaceX $920M per month for compute
by carefulfungi on Saturday June 06, 2026 @01:11PM
(#48426917)
The problem described isn't companies buying goods and services. It's buying from an entity they partially own and then profiting as that entity becomes more valuable because of the purchase.
[ Parent
| on HN ]
Re:Google will pay SpaceX $920M per month for compute
by dyauspitr on Saturday June 06, 2026 @01:53PM
(#48427301)
It’s still very tenuous you can’t prevent companies that own 5% of other companies from buying services from the that company
Re:Google will pay SpaceX $920M per month for compute
by matthewdgreen on Saturday June 06, 2026 @02:11PM
(#48427433)
We can prevent anything we want. If there's a major AI crash analogous to the Depression, we'll probably institute a lot of new regulations.
Re:Google will pay SpaceX $920M per month for compute
by carefulfungi on Saturday June 06, 2026 @05:05PM
(#48428999)
If the parent comment is true, it seems the problematic aspect is the leverage created by the P/E ratio more than the percentage of ownership. What a weird situation.