Live data from Hacker News

Mass Resignation from xAI

news.ycombinator.com

11–14 of 14 posts

Re: Mass Resignation from xAI

#12

Is that surprising ? The merger doesn't make any sense at all. Everybody knows it's a bailout and Musk's empire is running out of money - it's almost the last attempt to save it. He still has 2 more jokers left - SpaceX IPO or merge SpaceX with Tesla. But the writing is already on the wall.

this gonna age like milk

this move denominates everything by energy instead of money

those who left are anticipating it too, everything else theyll build is towards that

you either see things clicking together or you dont

Re: Mass Resignation from xAI

#13

Is that surprising ? The merger doesn't make any sense at all. Everybody knows it's a bailout and Musk's empire is running out of money - it's almost the last attempt to save it. He still has 2 more jokers left - SpaceX IPO or merge SpaceX with Tesla. But the writing is already on the wall.

this gonna age like milk this move denominates everything by energy instead of money those who left are anticipating it too, everything else theyll build is towards that you either see things clicking together or you dont

This is just schizo-posting.

Re: Mass Resignation from xAI

#14

Earlier quoted context omitted.

If you thought that, you would be really delusional about what is actually failing.

Care to elaborate?

Both will fail. But SpaceX hasn't yet failed at refueling a starship in orbit, and may still be riding pretty high for an IPO this year. People are quitting because XAI is going to be a relatively small part of the valuation of the roll-up, and the value of the cofounders shares and lots of people's options are going to be disappointing. XAI cofounders and people with options also got diluted by merging with Twitter. They are doing the S-1 math and they don't like it.
Post reply on HN