Well isn’t that special:
Too big to fail.
/s
Peloton is on the ropes - going bankrupt - and burning through money like a California wildfire. Truth is, the only reason they were successful in their early days was the Covid lockdown forcing the entire population out of their preferred gym memberships. Face it - it’s a failed business model and throwing taxpayer money at it isn’t going to help. Those expensive bikes will just end up being and expensive place to throw clothes on just like every treadmill ever sold.