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by rvba 297 days ago
Getting stock in exchange of grants makes more sense than "pure" grants.

This stock can later be sold, to benefit the taxpayer.

1 comments

that's not a grant. That's just buying stocks.
It's effectively a grant. The US government isn't buying existing shares. Intel is issuing new shares and selling them to the US government - so actual money is being transferred to Intel (and existing shares are being diluted as a result).
That's just buying stocks (at-the-market offering).
Nope.

When I buy stocks at market price, the company gets none of my money.

When the company issues new stocks and sells them, the company gets the money.

I think you're maybe unfamiliar with what an ATM offering is; try googling it.
Fair point. The key issue in the thread, which I think we both agree on, is that yes, the government is giving money to Intel.