alt Hacker NewsMeta 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?
Replies
pixel_popping • yesterday at 1:02 PM
Meta will realistically live for decades, that's how they'll pay, don't forget that those companies got some of the best financial teams in the world, it's not even at a scale that regular people can comprehend.
Theyre gonna pay for it over the course of a decade. Meta revenue is still increasing 10% every year, a $50 billion lease payment on datacenters that are only worth $10 billion is annoying but they can handle it. Also this isnt actually debt, there is no interest. Its commitments theyve made to lease datacenters. A lot of the money here is a $10 billion dollar payment they owe a decade from now.