1. Identify an industry asset that should have its value written down.
  2. Hype asset throughout industry, inflating value perception.
  3. Advertise upcoming investment into building more of over-valued asset over some 5+ year window, contract with no intention to follow through with expansion.
  4. Create or obtain a separate corporate entity.
  5. Separate corp contracts with industry to become leader in over-valued asset. Seeks and obtains government funding for effort.
  6. Industry sells assets at over-valued price to corp.
  7. Corp grows rapidly in <5 year window, until overspending or fraud leads to public disgrace, leading to stock crash and bankruptcy.
  8. Assets are liquidated, sold back to industry for pennies of the buy/build price paid through Govt funding.

AI is the cloud computing industry’s attempt to keep its aging assets and purchase contracts appearing valuable. They overbuilt and overcommitted on infrastructure. Stargate will buy, at great tax payer expense, these distressed assets at inflated prices and subsequently go bankrupt. The datacenters will then be sold back to cloud computing industry dirt cheap, thus completing the robbery.