I think this will likely be the high water mark as everyone in ai sees the writing on the wall, all of the upcoming ai ipos are either postponed or sped up so the investors can get their money before everything goes south
Because it’s all stock. It’s not real money. All the values are made up numbers by stock traders. And foremost : Most -if not all- of it is over-over-over valuated.
He’s not a trillionare, and we all know the AI tech bubble is about to bust.
So we can be optimistic that he’s about to loose some billions with this IPO
I think this will likely be the high water mark as everyone in ai sees the writing on the wall, all of the upcoming ai ipos are either postponed or sped up so the investors can get their money before everything goes south
Because it’s all stock. It’s not real money. All the values are made up numbers by stock traders. And foremost : Most -if not all- of it is over-over-over valuated.
Yeah, but that’s not my point.
His value isn’t a trillionare, yet. They’re assuming he will be one after the IPO. But it could just tank. We don’t know the value yet.
Nah it ipo’d on Friday and he’s technically a trillionaire, it started at 130 and now it’s like 170
Fuck