zlacker

>>g-mork+(OP)
SpaceX is too big to fail. It's important for national security.

I wonder if Elon wants to tangle all his businesses into SpaceX so they are all kept afloat by SpaceX's importance.

>>Button+C4
SpaceX is slated to go public some time this year - June IIRC

The biggest selling point /was/ that Musk was being managed there, he wasn't tinkering with SpaceX like Twitter or Tesla, and his foolhardy direction was kept out of the company.

BUT, like Tesla, Musk cannot help himself and is making SpaceX look like a very bad investment - tying his other interests with SpaceX, allegedly using SpaceX money as a "war chest" in his battles.

There is also a danger that investors will see xAI as politically dangerous, which will really hurt SpaceX IPO

>>awesom+pc
I think Musk is just that obsessed with his mission of reversing social progress and controlling the direction of the world, using the anti-woke combination of xAI and Twitter. He knows that tying them to SpaceX will hurt its IPO, but now they're part of an entity that's too essential to fail.

They're also probably rushing out the IPO to beat the bubble pop. I think everyone earlier expected to keep the bubble going a few more years, that's why they made all those circular deals. But then Trump spooked Europe into possibly scaling back US investments and decoupling from US tech. So now you have an unsure Nvidia walking back their OpenAI deal, etc.