Aren't they still losing billions per year?
Even if they are losing money, if they went from $10b to $2t in evaluation, that's still $1.99t in value that has accrued to insiders rather than the general public.
alt Hacker News
Even if they are losing money, if they went from $10b to $2t in evaluation, that's still $1.99t in value that has accrued to insiders rather than the general public.