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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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[–] rook@awful.systems 4 points 1 day ago* (last edited 1 day ago)

Remember there’s the bit of spacex that runs a successful commercial rocketry program, but also the bit of spacex that keeps blowing up stupid giant rockets.

All of musk’s companies have to support one of his idiotic pet projects… tesla got the cybertruck, x got grok, spacex got starship. None of them can be stopped, because they’re his and he’s personally invested in them. His flunkeys can only make questionable financial decisions around those projects, because he will fire them if they don’t.

Tesla is struggling and is trying to sidestep into humanoid robotics (a different kind of stupid idea), x was always a money sink, and now elon is concerned that his ai waifu might die without an injection of sweet government cash. It isn’t clear he’s capable of giving a shit about the consequences of any of this.