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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

#51

Post by kypro »

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.

Still, you have to give it to him, it works, and this has allowed him to do some incredible things beyond just hype.

What he's pulled off with xAI more recently is really quite incredible. And obviously this isn't first time Elon proved he can execute better almost anyone else.

I don't really have opinions on him as a person, but as a an entrepreneur you cant flaw him imo. He always finds a way to beat the odds.

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

#52

Post by throwaway5752 »

I'd feel great being someone that financed the takeover of X/Twitter, and being stuck with inflate shares in an also-ran AI play. Obviously there is no rule of law for Musk, and no recourse for them.

He'll keep his ball of twine rolling past TSLA's next earnings date on April 22nd.

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

#53

Post by kccqzy »

dustingetz wrote: post #13

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?

You can take a look at the price of TSLA during the acquisition of Twitter as a reference.

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

#54

Post by threeseed »

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

It is not unreasonable to assume Tesla shares will continue to decline whilst:

a) sales internationally are plummeting at such a rapid pace

b) consumer confidence is down with predictions of a looming recession

c) the brand continues to be tarnished by the association with Musk and Trump

d) auto tariffs will increase the costs of parts and the likelihood of reciprocity

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

#56

Post by fallingknife »

bigstrat2003 wrote: post #26
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 do and I always will. I refuse to play along with corporate rebrands, be it Twitter, Facebook, Comcast, Charter or anything else.

But you already are just by saying those names

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

#57

Post by belter »

kypro wrote: post #51
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.

Still, you have to give it to him, it works, and this has allowed him to do some incredible things beyond just hype. What he's pulled off with xAI more recently is really quite incredible. And obviously this isn't first time Elon proved he can execute better almost anyone else. I don't really have opinions on him as a person, but as a an entrepreneur you cant flaw him imo. He always finds a way to beat the odds.

> What he's pulled off with xAI more recently is really quite incredible.

What?

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

#58

Post by scarface_74 »

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

If I jump off a building and you see me at the 10th floor, I was also 29.4 meters higher 3 seconds ago.

Tesla sales are falling worldwide and losing market share

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