xAI has acquired X, xAI now valued at $80B • Hacker News Board

Re: xAI has acquired X, xAI now valued at $80B

#11

Post by [deleted] » Fri, Mar 28, 2025, 9:37 PM UTC

[deleted]

Re: xAI has acquired X, xAI now valued at $80B

#12

Post by gwbas1c » Fri, Mar 28, 2025, 9:37 PM UTC

I get a kick out of how the link in this story is "twitter.com" instead of "x.com".

Personally, I think everyone should just continue to say "Twitter."

Re: xAI has acquired X, xAI now valued at $80B

#13

Post by dustingetz » Fri, Mar 28, 2025, 9:37 PM UTC

if this didn’t happen, how much more would TSLA have to drop for the $12B debt to get margin called given it is collateralized by TSLA? IIUC what has happened here is the debt has been repaid by selling xAI equity? Wasn’t xAI constructed in the first place to poof some magic money from thin air to give to unhappy Twitter investors and keep them happy?

Re: xAI has acquired X, xAI now valued at $80B

#14

Post by poniko » Fri, Mar 28, 2025, 9:37 PM UTC

adharmad wrote: post #9

What is the play here? Using money invested in xAI and its inflated valuation to bail out the X investors?

Yes same setup as when Tesla bought Solar city .. one playbook he pours out of.

Re: xAI has acquired X, xAI now valued at $80B

#15

Post by palmotea » Fri, Mar 28, 2025, 9:38 PM UTC

So, what does this actually mean?

Re: xAI has acquired X, xAI now valued at $80B

#16

Post by toomuchtodo » Fri, Mar 28, 2025, 9:38 PM UTC

adharmad wrote: post #9

What is the play here? Using money invested in xAI and its inflated valuation to bail out the X investors?

It bails out Elon and means his Tesla shares (borrowed against to purchase Twitter) won’t be liquidated as Tesla’s share price continues to decline, using xAI investor funds. He uses hype and sentiment (inflating valuations) in the capital markets to always stay slightly ahead of consequences.

Re: xAI has acquired X, xAI now valued at $80B

#17

Post by r1chardnl » Fri, Mar 28, 2025, 9:38 PM UTC

what

Re: xAI has acquired X, xAI now valued at $80B

#18

Post by blueelephanttea » Fri, Mar 28, 2025, 9:38 PM UTC

Ah yes. Now we know why those articles about X's valuation resurgence have been coming out lately. He "rescued the value" by selling it to another company he owns.

Look, maybe the Twitter dataset and control over the algorithm is worth $45 billion. But I've seen the state of ads on Twitter these days and it is clearly not worth anything close to that from advertising income.

Re: xAI has acquired X, xAI now valued at $80B

#19

Post by [deleted] » Fri, Mar 28, 2025, 9:39 PM UTC

[deleted]

Re: xAI has acquired X, xAI now valued at $80B

#20

Post by mtmail » Fri, Mar 28, 2025, 9:39 PM UTC

gwbas1c wrote: post #12

I get a kick out of how the link in this story is "twitter.com" instead of "x.com". Personally, I think everyone should just continue to say "Twitter."

I think Hackernews changes the link to twitter.com after submission to avoid duplicates.