zlacker

>>g-mork+(OP)
Just a neat bit of financial engineering. You can tell because Elon picked SpaceX instead of Tesla – which would have actually made sense at some level (Optimus Robots + AI). But Tesla is public and so he'd need to follow laws and reporting requirements.

>>paxys+39
does he need spacex/xai to prop up tesla or the other way around?

>>broken+D9
Tesla is still very profitable, as is SpaceX I assume. Twitter/X has been a $44 billion dollar failure, and xAI is a vanity project so Musk can go around saying he is a player in the AI space. Investors in both X and xAI need to be bailed out, hence this announcement.

>>paxys+rb
The $44B Twitter/X buyout was not a failure. For example Fidelity has its $19M investment in the buyout - now xAI common shares - marked at $62M (up over 3X) as of 12/31/25. It was certainly valued even higher on 1/31/26 after xAI had an oversubcribed fund raise in January. All before this merger announcement.

>>spikel+fi
The fact that it had to be successively bailed out by xAI (which itself was funded by Tesla) and now SpaceX shareholders is exactly what makes the acquisition a failure.