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dgerard@awful.systems

Musk wants to merge SpaceX with xAI, then take it public (pivot-to-ai.com)

submitted 2 days ago* (last edited 2 days ago) by dgerard@awful.systems to c/techtakes@awful.systems

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Or maybe Tesla

https://www.youtube.com/watch?v=VMKyocHwUJI&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260202-musk-wants-to-merge-spacex-with-xai-then-go-public - podcast

time: 5 min 18 sec

UPDATE: the merge has gone through, apparently for "$250 billion" of imaginary value of private company equity

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[–] corbin@awful.systems 10 points 2 days ago (1 children)

I wonder whether his holdings could be nationalized as a matter of national security.

[–] scruiser@awful.systems 2 points 1 day ago

The democrat party is far too feckless to actually pull that off, but that would be a nice ironic twist to his attempts to leverage government contracts and being too big to fail.