It peaked at $18B market cap in 2000. Adjusted for inflation this is 18x1.93=34.... | Hacker News

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diab0lic 40 days ago | parent | context | favorite | on: xAI is looking more like a datacentre REIT than a ...

It peaked at $18B market cap in 2000. Adjusted for inflation this is 18x1.93=34.74B.

Today’s market cap is 45.35B.

It isn’t down, but it isn’t up much since 2000.

diab0lic 37 days ago [–]

I’m not sure why I used inflation instead of the risk free rate. I guess I’m rusty!

It has earned ever so slightly more than the risk free rate since 2000. On an absolute basis it is a terrible investment. On a relative basis it is also a terrible investment. On a risk adjusted basis? Abysmal.

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