alt Hacker NewsMeta makes $60 billion profit a year and is still crazy bloated. $420 billion in debt legitimately is not an issue for them. The only companies with actual problems are oracle and spacex
Meta makes $60 billion profit a year and is still crazy bloated. $420 billion in debt legitimately is not an issue for them. The only companies with actual problems are oracle and spacex
Meta making 60B a year doesn't make this any less scary.
If Meta put every cent towards their debt, it would take at least 6 years, assuming 0 interest and 0 new debt. The interest alone in the next 5-10 years likely would push it close to 1T debt.
How on earth are they meant to pay for this?