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Open original source ↗$MSFT’s capital base was $386B at 6/30/25 FYE. So again, another Mag7 company growing capital roughly 2x revenues. FYI, $MSFT’s current annualized EBITDA is about $180B, and their FY 2025 capex was $65B. $120B is a huge jump.
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Back is January, Microsoft’s CEO Satya Nadella told me: "All I know is, I'm good for my $80 billion." Well, he just upped the ante this afternoon. He is now “good for” $120 billion. https://t.co/A0TU5MKjey
andrewrsorkin ↗