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

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

#41

Post by ivewonyoung »

toomuchtodo wrote: post #16
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.

Tesla shares are higher than when Twitter was acquired. 'Continues to decline' sounds like weasel wording that the media likes to use to push a narrative that doesn't exist.

Edit: Comment flagged for pointing out inconvenient facts, it's wild out there

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

#42

Post by legitster »

As a reminder, the people who held X's debt had written down the company's value to less than $10 billion. So selling your company to yourself for $45 billion dollars is hilarious chicanery.

Musk used his extremely overvalued company to bail out his other way overvalued company that he ran into the ground. It's a thinly-veiled, self dealing ponzi scheme. (It also echos the final fate of Solar City).

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

#47

Post by latency-guy2 »

jprd wrote: post #2

This is the kind of crap we learned about when studying the "Robber Baron" era in the US public school system. Well, I mean, we were _supposed_ to learn it - evidently a lot of folks did not.

I don't see any connection to what you're talking about to this. You have to explain.

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

#50

Post by toomuchtodo »

ivewonyoung wrote: post #41
toomuchtodo wrote: post #16

Earlier quoted context omitted.

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.

Tesla shares are higher than when Twitter was acquired. 'Continues to decline' sounds like weasel wording that the media likes to use to push a narrative that doesn't exist. Edit: Comment flagged for pointing out inconvenient facts, it's wild out there

67% of Americans would not consider buying a Tesla, new poll says - https://electrek.co/2025/03/28/most-americans-would-not-cons... - March 28th, 2025

Tesla (TSLA) Q1 delivery consensus: 377,000 EVs – worst performance in 2 years - https://electrek.co/2025/03/28/tesla-tsla-q1-delivery-consen... - March 28th, 2025

Tesla is banned from Canada EV rebate program, gov freezes suspicous $43 million in rebates - https://electrek.co/2025/03/25/tesla-banned-canada-ev-rebate... - March 25, 2025

Tesla sales fall by 49% in Europe even as the electric vehicle market grows - https://apnews.com/article/tesla-sales-recall-trump-byd-b6f5... - March 25, 2025

Tesla’s fall from grace may have no equal, says JPMorgan: ‘We struggle to think of anything analogous’ [$120 price target] - https://finance.yahoo.com/news/tesla-fall-grace-may-no-18005... - March 13, 2025

Tesla’s stock nosedives — wiping out $700B in gains since Trump’s election victory - https://nypost.com/2025/03/07/business/tesla-stock-drop-eras... - March 7, 2025

Australian Tesla sales plummet as owners rush to distance themselves from Elon Musk - https://www.theguardian.com/technology/2025/mar/06/australia... - March 6th, 2025

https://finance.yahoo.com/quote/TSLA/ (1YR)

Facts you don't like aren't "weasel words."

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