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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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[–] mech@feddit.org 12 points 1 day ago (1 children)

SpaceX has the US government by the balls, and several others, due to Starlink.
Musk wants to leverage that by intertwining SpaceX with his other shitty businesses, to protect them as well.

[–] cstross@wandering.shop 11 points 1 day ago

@mech @techtakes Having SpaceX take over X is going to backfire explosively real soon now: France isn't the only government investigating X for election meddling and peddling child pornography, and it could take down SpaceX's ability to do business in countries that would otherwise be buying launch capacity:

https://www.bbc.co.uk/news/articles/ce3ex92557jo