zlacker

[return to "xAI joins SpaceX"]
1. alangi+u6[view] [source] 2026-02-02 22:13:48
>>g-mork+(OP)
Either this is a straight up con, or Musk found a glitch in physics. It's extremely difficult to keep things cold in space.
◧◩
2. darth_+3d[view] [source] 2026-02-02 22:37:08
>>alangi+u6
He buys twitter at an inflated valuation. Runs it to the ground to a much lower valuation of $9B. [1] Then, his company Xai buys Twitter at a $33B, inflating the valuation up. Then SpaceX merges with Xai for no particular reason, but is expected to IPO at a $1T+ in the upcoming years. [3]

I’m not that smart, but if I were, I would be thinking this is an extended way to move the losses from the Twitter purchase on to the public markets.

[1] https://www.axios.com/2023/12/31/elon-musks-x-fidelity-valua...

[2] https://www.reuters.com/markets/deals/musks-xai-buys-social-...

[3] https://www.cnbc.com/amp/2026/02/02/elon-musk-spacex-xai-ipo...

◧◩◪
3. Silver+oe[view] [source] 2026-02-02 22:42:26
>>darth_+3d
It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. So bad that it literally resulted in Vivek Ramaswamy, a gubernatorial candidate in Ohio, to quit Twitter/X - nearly 100% of replies to his posts were from far right racists.

Obviously advertisers have not been fans. And it is a dying business. But rather than it dying, Elon has found a clever (and probably illegal) way to make it so that SpaceX, which has national security importance, is going to prop up Twitter/X. Now our taxpayer dollars are paying for this outrageous social network to exist.

[go to top]