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GUSD Minting
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The spinoff of General Electric was unexpected, and the companies after the split are thriving. General Electric Aerospace and General Electric Vernova are now dominant in their respective industries, highly profitable, and maintaining high market values. The combined assets of GE's three successor companies have soared to $600 billion, far exceeding the pre-spinoff market capitalization of the original group. This recovery highlights a broader market shift toward favoring asset-intensive industrial companies over intangible asset-based companies.