#cruise Tc 250k
Apparently Cruise is worth 3/5 of GM's current 52B market cap. Go figure...
That's because some would consider GM negative value. So much debt, declining business, and they could potentially mismanage the cruise asset and run the business down
Even before GM owned any stake in Cruise, its market cap was still around 45-50B. The valuation for Cruise is vapor proposed by a "third party" I can almost guarantee future valuations will trend down (especially after broader markets tanking).
$29
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1 vs 5 Million - no lifestyle change
Hard bc they have secondary sales from employees internally funded by GM.