zlacker

>>m-hodg+(OP)
They both are privately held by the same owner! So, with whom are they talking? :-)

>>mandee+o7
Musk writes a letter from his ceo@spacex.com email and he reads it from his ceo@xai.com account. And viceversa.

>>kwanbi+I8
The lawyers are the ones talking, and they have to come up with a fair valuation.

If SpaceX pays too much for it, other SpaceX shareholders have a case against SpaceX leadership. If xAI accepts an offer that is too low, other xAI shareholders have a case against xAI leadership. Given that the leadership is basically the same people, they are very well incentivized to come up with a valuation that is as fair as possible.

And this is not just theoretical, Musk has already been sued successfully once on a similar case, when his companies gave out too much free support to the boring company.

>>Tuna-F+oc
Tesla engineers being lent out right after the Twitter buyout to eval the codebase was one of many reasons I won’t work there. So unserious.

>>a_t48+Id
There are many valid complaints, but why is engineers working not a serious thing?

>>fragme+jqc
It’s “unserious” in the sense that it’s undisciplined. Don’t those engineers have things to do at Tesla, rather than going to poke around at a social media website codebase? If I were a Tesla shareholder I’d be pretty annoyed - how is doing so advancing making a better car?