Well surely this acquisition is above board. Nothing funny going on here, just good old business as usual.
It's widely reported that Musk is a majority shareholder of xAI and the controlling shareholder of SpaceX (close to 80% of voting shares). Not surprising that he would be looking to consolidate ownership under one entity especially if he perceives significant synergies (i.e., data centres in space).
xAI joins SpaceX
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Re: xAI joins SpaceX
#52Well surely this acquisition is above board. Nothing funny going on here, just good old business as usual.
It's widely reported that Musk is a majority shareholder of xAI and the controlling shareholder of SpaceX (close to 80% of voting shares). Not surprising that he would be looking to consolidate ownership under one entity especially if he perceives significant synergies (i.e., data centres in space).
Re: xAI joins SpaceX
#53Why?
Re: xAI joins SpaceX
#54> Current advances in AI are dependent on large terrestrial data centers, which require immense amounts of power and cooling. You know what's even harder to cool? > Orbital Data Centers
I thought this was a troll by Elon, now I'm leaning towards not. I don't see how whatever you build being dramatically faster and cheaper to do on land, even 100% grid independent with solar and battery. Even if the launch cost was just fuel, everything else that goes into putting data centers in space dwarfs the cost of 4x solar plus battery.
Re: xAI joins SpaceX
#55Well surely this acquisition is above board. Nothing funny going on here, just good old business as usual.
It's widely reported that Musk is a majority shareholder of xAI and the controlling shareholder of SpaceX (close to 80% of voting shares). Not surprising that he would be looking to consolidate ownership under one entity especially if he perceives significant synergies (i.e., data centres in space).
Re: xAI joins SpaceX
#56You cannot simultaneously build and launch 10’s of thousands of Starships to deliver 1 million tons of equipment and supplies bound to Mars while also committing to launching 10’s of thousands of Starships to orbit full of satellites.
They would need to quadruple their launch rate, and half of those launches would be Starships bound for Mars, the vast majority of which would never return.
How many Falcon9’s have ever been built? It is incredible to say you can build that many rockets and use up that much fuel on any reasonable time scale. You might as well say the Tesla Roadster version 3 will be a Single Stage to Orbit rocket car.
Re: xAI joins SpaceX
#57I never questioned it.
Space is also extremely cold, and if it's as dense as Musk cooling won't be an issue.
Re: xAI joins SpaceX
#58Well surely this acquisition is above board. Nothing funny going on here, just good old business as usual.
I wish more companies were private and ambitious. I'm tired of companies like Apple making marginal spec bumps to their phones and milking the same products for decades
Re: xAI joins SpaceX
#59SpaceX is too big to fail. It's important for national security. I wonder if Elon wants to tangle all his businesses into SpaceX so they are all kept afloat by SpaceX's importance.
Re: xAI joins SpaceX
#60Well surely this acquisition is above board. Nothing funny going on here, just good old business as usual.
> Well surely this acquisition is above board. What makes you think it isn’t?