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$2.3 trillion valuation, $18.7 billion in revenue, a price-to-sales ratio of 120, and a loss of $8.7 billion over the past five quarters... Basically, it's just burning money aggressively.
The most aggressive short sellers have set the target price at $75, and even if it drops to that level, the market cap would still be $1 trillion, remaining a global giant, but from the current price, it's essentially halved.
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