IMO the company that this should have happened to is PG&E. I think California could have forced them into liquidation and bought their assets. No bailout required, complete loss for shareholders, and CA could potentially have fixed much of its disastrous utility situation at a reasonable price.

A company-ending fine or judgment against Crowdstrike wouldn’t come with any great reason for a public takeover — Crowdstrike could cease to exist and the overall ecosystem would be fine.

Outside of Alaska and Wyoming, Silicon Valley has the worst power and internet of anywhere I've ever lived (worse than AR, MN, and ND by a longshot), measured either in incremental cost or uptime/availability. The fact that PGE keeps requesting additional rate increases "for fire safety" and immediately kicks those back to shareholders isn't a great look either.