• Brokkr
    link
    fedilink
    English
    57
    edit-2
    13 hours ago

    Market cap doesn’t say how much cash they have available. For that, look at cash on hand which publicaly traded companies need to report

    MS has about 75B cash on hand, so they could afford this themselves. They will probably argue that it will bring jobs and expertise to the state. Also, it’s a loan, so the interest will generate funding for the state as well. nevermind, not a loan from the state, so no interest would go to the state.

    • Repple (she/her)
      link
      fedilink
      English
      3012 hours ago

      You’re right that it doesn’t mean cash on hand, but it does indicate they could liquidate some of that or borrow against it themselves.

      • Sentient Loom
        link
        fedilink
        English
        3612 hours ago

        Yeah Microsoft should take the risk here, not American citizens.

        • @BertramDitore@lemm.ee
          link
          fedilink
          English
          16
          edit-2
          11 hours ago

          Bingo. They should invest in their own company, they have the money. There’s no reason for taxpayers to play any part in this.

          • sunzu2
            link
            fedilink
            810 hours ago

            Why when they can get stupid peasants to pay for it?

              • sunzu2
                link
                fedilink
                18 hours ago

                If people quit larping propaganda and followed the dollar from it being earned into their pocket to going back into the employer’s pocket… it would a different society.