The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Stargate LLC (joint venture) (infrastructure joint-venture equity formation, 2025-01-21) → Stargate

$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital

high confidence · as of 2025-01-21T00:00:00Z · about Stargate

$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital


the working

Basis

$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital

Hypothesized recipients 3

This claim's own source names no external recipient. Separate public reporting suggests some of who the money likely went to — not confirmed, not summed into the total above.

  • Stargate → Bloom Energyhypothesis

    Oracle agreed to purchase up to 2.45GW of Bloom solid-oxide fuel cells for the New Mexico Stargate/Project Jupiter site; no dollar figure disclosed, and the project is reportedly stalled after New Mexico's State Land Office denied a needed gas-pipeline application.

  • Stargate → Foxconnhypothesis

    $375.0M — Foxconn sold its 6.2M sq ft former Lordstown Assembly plant to a SoftBank-affiliated buyer ('Crescent Dune LLC') for $375M, then leases it back to manufacture Stargate data center equipment; Shimizu North America LLC is the contractor starting construction there.

  • Stargate → Shimizu North America LLChypothesis

    Contractor starting construction at the Lordstown, Ohio Stargate equipment-manufacturing site.

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Research · Q1.