The Growth Illusion: How AI and SpaceX Investment Bubbles Prop Up the 'Magnificent Seven' Profits
📉 **Are the giants' profits an illusion?**
In August 2026, it was revealed that 70% of Alphabet's profit and 65% of Amazon's profit are not from sales but from speculation on SpaceX and Anthropic stocks.
🔹 **Vicious Cycle:** Giants finance AI startups, which spend that money on the clouds of the same giants.
🔹 **Crash Risk:** 42% of the 'Magnificent Seven's' profit is unrealized investment income. If the valuation of SpaceX or Anthropic drops, corporate reports will collapse.
🔹 **Facts:** SpaceX shares have already dropped by 17% after the IPO, casting doubt on Alphabet's current balances.
The AI market is held up by mutual investments, not real sales.
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