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
I suspect SpaceX will acquire Tesla at some point. It’s the most profitable of these companies. So basically SpaceX employees and shareholders are covering up for the failing Tesla business and the already-failed xAI business.

Let’s not forget, xAI is the parent of Twitter/X (the social network). So now, taxpayers are paying to keep Twitter/X alive. After all, it is taxpayer money going to the contracts the government gives SpaceX for launches. Nice way to subsidize what is effectively a one sided campaign machine for the GOP and far right.

>>Silver+Qd
> I suspect SpaceX will acquire Tesla at some point.

Tesla will have to lose its meme status first, otherwise they would be paying real money to make the acquisition close. The other acquisitions are using VC valuations which Musk has a big hand in. Matt Levine did a whole thing on it when xAI acquired X.