Saudi Arabia's Floating City Brings on a Sinking Feeling - Bloomberg Gadfly:
"Prince Mohammad bin Salman of Saudi Arabia displays an Elon Musk-like affinity for ludicrous challenges and grandiose promises. With his latest announcement, though, he's edging into Peter Thiel territory: floating cities.The prince wasn't talking about seasteading on Thursday. Instead, he said that NEOM, the futuristic megalopolis he plans to build in northwestern Saudi Arabia, unveiled earlier this week, will sell shares in itself at some point. "It’s as if you float the city of New York,” he said in an interview with Reuters.Living, as we are, in this brave new world with things like initial coin offerings, why not raise the idea of an initial city offering?"
'via Blog this'
No comments:
Post a Comment