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OpenAI says it's ending its deal with Cursor because Elon Musk's companies violate contracts
(www.businessinsider.com)
this post was submitted on 29 Aug 2026
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Hold on a second, SpaceX owns X/Twitter??
I thought Elon owned that privately, but the fact that he parasitised his monetary black hole of a purchase onto his most successful company really just shows how fucking stupid Musk actually is.
Though I really shouldn't be surprised as his other monetary black hole venture, xAI, is also parasitised onto SpaceX.
Basically everything he owns has been merged into SpaceX this year which was to make everything look profitable or something, I don't pretend to understand this part of finance.
Twitter/X, xAI/Grok and Cursor are now all part of SpaceX under the SpaceXAI subsidiary.
https://en.wikipedia.org/wiki/SpaceXAI
No, you're right. He has A LOT of failed or failing projects no one talks about, like The Hyperloop.
The Hyperloop completely succeeded at exactly what it was meant to do: delay the California High Speed Rail project for a couple of years to maybe sell a few more Tesla cars.
The Hyperloop is when I realized he was a fraud.
The concept has existed for a century, it is old news, it has never worked, it can never work.
I recently re-read his "paper" on that, and it looks so much dumber now than it did at the time.
I remember watching a weird German guy and his Chinese(?) girlfriend making a video response to a Thunderf00t video about the Hyperloop, and it was like they were in a cult, they kept referring to "The Whitepaper" like it was holy scripture, and could not be wrong, despite evidence to the contrary.
TF is annoying and has gone overboard several times, but his Hyperloop videos are on point.
Boring Company
A lot of people access potential profits based upon revenue numbers. So when Musk wraps everything under Starlink, he can inflate the revenue numbers. Still show an overall profitability, and then the PR goes. Starlink's profit margins will increase by 5% points next year. Which sounds and is impressive, but the overall revenue numbers shown by SpaceX covers a lot of other products.
It basically aims to fool people doing a surface level analysis
Not only that, the reasoning to merge space X with x AI and X is to label space X as an AI company, and thus should have valuation of one.
This always strikes me as odd because, given the AI race, the future value of each company is basically infinity or zero.
I just want to point out how ugly is uninspired is the new logo. The old one was supposed to represent the space launches, the new one is like if someone gave the spacex and the anthropic logo to grok and asked a merge
Yes he used the infinite money glitch to let the ~~investors~~ suckers pay for xitter
SpaceX is now backstopped by the US taxpayer. It’s just a giant corrupt grift.
He has Twitter wrapped up in xAI, which is wrapped up in Space X. Basically buried 3 levels down. It’s not profitable and it’s well hated, so he’s trying to insulate it with companies with more investment / contracts and less public hate.
Whilst doing nothing to address why it's so hated.
I hate that SpaceX and Twitter are one company now, but I think it was smart of the nazi saluting asshole to wrap the turd that is the husk of Twitter in the otherwise forward progress SpaceX company.
No one (other than other grifters) would be interested in buying into today's Twitter, but wrapped in SpaceX, lots bought in.
Isn’t his future massive pay day based on a spacex valuation?
He wanted it to be forced as a purchase for all the index funds and passive investors. He knows he couldn’t sell it to willing investors.