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Ringing The Bell: Meta Plunges On Report It May Sell "Tens Of Billions" In New Stock
Ringing The Bell: Meta Plunges On Report It May Sell "Tens Of Billions" In New Stock
They don't ring the bell at the top, but they sure do sell a lot of stock.
With SpaceX, Anthropic and OpenAI looking to IPO hundreds of billions in common stock (not counting even more hundreds of billions in lock up expirations that will hit the market soon)...
... coupled with Google's record $80 Billion follow on offering (of which half was a memestock-esque At The Market offering direct to retail), suddenly the cash-incinerating AI companies...
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