It is mind blowing to say the least. I was all for changing the grants into loans for CHIPS since I dont just wanna give Intel, who is struggling significantly in chip production, free money to waste. The stake was something that I mean I want to see the exit plan from the Admin of how they are going to unload the shares.

Defense contractors esp. are not struggling money wise at all right now. I dont understand why they would do this and it seems like they want to "pay" for munitions now with equity? At least to me that seems like it would only hurt the company both revenue and value wise?

I mean pretty soon at this rate we are going to hear them "buy" a stake in SpaceX....