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dgerard@awful.systems

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

submitted 6 days ago* (last edited 6 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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[–] scruiser@awful.systems 19 points 6 days ago (6 children)

Has anyone done the math on if Elon can keep these plates spinning until he dies of old age or if it will implode sooner than that? I wouldn't think he can keep this up another decade, but I wouldn't have predicted Tesla limping along as long as it has even as Elon squeezes more money out of it, so idk. It would be really satisfying to watch Elon's empire implode, but probably he holds onto millions even if he loses billions because consequences aren't for the ultra rich in America.

[–] corbin@awful.systems 10 points 6 days ago (1 children)

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

[–] scruiser@awful.systems 3 points 5 days 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.

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