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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

#531

Post by 0xy »

HarHarVeryFunny wrote: post #417

Seems to me he's just scammed xAI investors, who thought they were investing in an AI company, into bailing him out of his failed Twitter purchase - they are now the idiots who paid $44B for Twitter (recently valued by Fidelity at $10B), and Musk gets his money back.

Fidelity valuing at $10B is ancient outdated news no longer reflective of reality, the value had skyrocketed in recent months, given the profits which now exceed profits as a public company. [1] [2]

In fact, Twitter debt is selling at 97% of value, indicating high confidence in the company. [3]

[1] https://www.theguardian.com/technology/2025/mar/19/value-elo...

[2] https://finance.yahoo.com/news/elon-musk-paid-high-price-114...

[3] https://finance.yahoo.com/news/musks-value-on-wall-street-is...

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

#532

Post by disqard »

osmsucks wrote: post #390
legendofbrando wrote: post #301

In similar news: my left hand acquired my right hand today in an all stock deal valuing the combined hands at $1T. Praising the announcement my arms noted on the deal: “With these two hands now together, there’s nothing our combined fist of might can’t do.” Competitors, my left and right feet, declined to comment on the merger but are said to be in their own separate talks about a deal.

Was this announced at an all hands?

This sounds like yet another arms dealer.

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

#533

Post by fixprix »

dcchambers wrote: post #500

So the real story here is that he was in danger of getting margin called on the loan he took to buy Twitter which he financed with TSLA shares as collateral, and this is him moving money around so he doesn't have to face the reality of actually getting margin called amid a sinking TSLA, right?

No, but you’d make for a good writer of TSLQ fan fiction.

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

#535

Post by rozap »

timewizard wrote: post #362
rozap wrote: post #344

Earlier quoted context omitted.

My guess is that there's an added grift, er...benefit here; since the federal government is now (apparently) in the business of subsidizing AI companies, we'll effectively see the failing social media platform get subsidized by the federal government. I'm certain we'll see a pile of public funds handed over the xAI in the future.

DOGE for thee but not for me!

I mean, that was always a grift to anyone with two brain cells to rub together .

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

#536

Post by sorcerer-mar »

shit_game wrote: post #454
sorcerer-mar wrote: post #211

Earlier quoted context omitted.

At the rate he's going, SpaceX is probably on its way to being nationalized within the next few elections. And that would make sense totally aside from punitive response: it is pretty dangerous to have such vital defense infrastructure controlled by such a mercurial personality.

The current administration has shared favorable views on "public-private partnership", which suggests that outright nationalization isn't the goal; I'd imagine the more likely scenario is that national assets will be dismantled and their functions will instead be contracted out to private operations with horrendously corrupt deals.

"within a few elections" = not this administration

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

#538

Post by glenstein »

bboygravity wrote: post #142
mdorazio wrote: post #110

Earlier quoted context omitted.

And how much of that is solar instead of Powerwall and Megapack? They don’t break it out in filings unless I missed it.

Exactly. So then why draw conclusions about how SolarCity was a bad deal for shareholders (see parent comments)? There's no substantiation of that either way.

>There's no substantiation of that either way.

I don't think that's the true at all. There's a vast and visible footprint we can see with batteries (pretty sure every major solar company in the U.S. that has a battery storage option does at least some Tesla) that has no equivalent with solar rooftops. The former are ubiquitous while the latter are so far as I can tell almost entirely non existent.

And if that's too light on data I'll put it this way, I'm reasonably confident I can find 10 solar companies that install Tesla batteries for every one that does Solar City roofs.

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

#539

Post by paradite »

danso wrote: post #175

Okay, I know Tesla's extremely high P/E ratio is because it's worth is not just tied to cars, and so xAI priced at $20B more than Anthropic does not necessarily mean xAI's AI products are that much better than Anthropic's (e.g. presumably xAI's worth is tied to synergies with Tesla FSD, Optimus, and maybe even Neurolink)...but what products does xAI actually offer, other than Grok being an add-on for premium X subscr…

For anyone not in LLM field, OpenAI API is the de facto standard for almost all AI companies and labs nowadays.

DeepSeek docs just point users to use OpenAI SDK: https://api-docs.deepseek.com/

Anthropic recently did some something similar: https://docs.anthropic.com/en/api/openai-sdk

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

#540

Post by tonyhart7 »

mayneack wrote: post #75
bhouston wrote: post #29

He has done this move before with Tesla buying Solar City. When you do a deal with yourself you can assign any value you want to assets, it isn’t a competitive process. In the previous case Solar City was dying but its acquisition by Tesla was pitched as a great synergy. https://www.businessinsider.com/solarcity-tesla-energy-belea... There were a few lawsuits from Tesla shareholders about the acquisition regarding se…

Surely a theoretically disgruntled xAI shareholder is going to have a harder time here since they're both private companies and given Elon's proximity to any potential regulators.

"Surely a theoretically disgruntled xAI shareholder"

they know what they buying when elon promotes his lmao, elon twitter deal is backed by saudi. elon himself come to saudi asking for an investment from royal prince saudi

safe to say that if they want spent 40 billion for twitter, they would spent more with AI flavored company (they are saudi after all)

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