Brilliant connecting the dots back to Alstom and BNP. The timing of that $17B GE deal always seemed fishy, especially with Pierucci locked up as leverage. I worked in cross-border M&A back then and remmeber how everyone kinda knew these "anti-corruption" probes were doubling as industrial policy. Thing is, if France wanted real payback they'd go after American semiconductr or aerospace assets, not just raid a social media office.
IMO they can't do semiconductors b/c they don't want to be reliant upon China for them. And they still need Boeing as long as the Ukraine situation persists.
But given the social unrest throughout France/Europe, controlling the narrative is the #1 imperative for EU types. And X is the only one they don't have their hooks into.
I chose not to include it in the write-up, but I doubt it's a coincidence the hit on X took place the day after SpaceX & xAI announced their merger.
Brilliant connecting the dots back to Alstom and BNP. The timing of that $17B GE deal always seemed fishy, especially with Pierucci locked up as leverage. I worked in cross-border M&A back then and remmeber how everyone kinda knew these "anti-corruption" probes were doubling as industrial policy. Thing is, if France wanted real payback they'd go after American semiconductr or aerospace assets, not just raid a social media office.
Interesting.
IMO they can't do semiconductors b/c they don't want to be reliant upon China for them. And they still need Boeing as long as the Ukraine situation persists.
But given the social unrest throughout France/Europe, controlling the narrative is the #1 imperative for EU types. And X is the only one they don't have their hooks into.
I chose not to include it in the write-up, but I doubt it's a coincidence the hit on X took place the day after SpaceX & xAI announced their merger.