It's funny to me that ycombinator is basically reddit now, it's nearly 100% Elon hate, calling him a Nazi, etc. I get hating him but he literally just had a child with a Jewish woman, and as far as I know hasn't funded any gas chambers.
xAI has acquired X, xAI now valued at $80B
681–690 of 1001 posts
Re: xAI has acquired X, xAI now valued at $80B
#682Earlier quoted context omitted.
A stock ponzi scheme to keep him afloat? Soon he will start a new venture and use that venture to save the previous venture and so on. Maybe a robot clothing company because robots shouldn't be naked.
Next step is have SpaceX buy xai
this here is the most logical step
Re: xAI has acquired X, xAI now valued at $80B
#683I can't quite put my finger on it, as I'm no financial type, but this almost reeks of fraud or self-dealing. Wasn't X valued at something like 16 billion? What's that $33B in stock for?
Re: xAI has acquired X, xAI now valued at $80B
#684Earlier quoted context omitted.
Isn't X more profitable than Twitter was?
Yeah it is more profitable but revenues are way down. In 2021, the last full year before Musk's acquisition, Twitter generated $5.08 billion in revenue. Under Musk's ownership, X's revenue has declined significantly. In 2024, X reported $2.7 billion in revenue, which is nearly half of its pre-acquisition level. For 2025, global ad revenue is projected to grow to $2.26 billion, marking its first annual increase since…
You didn't actually show profitability here. I think if it were actually profitable, Musk would've hyped it up.
Re: xAI has acquired X, xAI now valued at $80B
#685"This will allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress" You get to pick winners AND be protected by section 230 of the Communications Decency Act from liability for anything said on the platform. Stockholder privacy is protected by law; they could be Russian, Saudi, Chinese, North Korean crypto-currency hackers; CIA; friends of friends, mom and pop, whomeve…
>You get to pick winners AND be protected by section 230 of the Communications Decency Act from liability That should be, and i thought was, prohibited. Either you're a common carrier (and protected as such) or you're editorializing. Unfortunately the enforcement seems to be lacking more and more, and that even without considering that Musk is probably not subject to any enforcement these days.
All the major social medias have algorithmic feeds and are protected by this law.
I think that is fair to point out.
Re: xAI has acquired X, xAI now valued at $80B
#686Earlier quoted context omitted.
An acquisition is a special case (for the company being acquired) and the scrutiny is somewhat higher. At least in Delaware. I have no idea what corporate law is like in Texas.
No X shareholder in their right mind will object to getting a $45 billion valuation (including debt) when their latest valuations have the company at <$10 billion.
This is a stock transaction, so the $45 billion valuation is irrelevant unless you also believe the x.ai valuation.
Re: xAI has acquired X, xAI now valued at $80B
#687Earlier quoted context omitted.
I wonder if Elon will acquire it with shares.
I mean, he did pay people directly for voting in the last round of primaries and he's doing it again for that judge election in Wisconsin, and all his money is Tesla shares so.. yes, he's already doing it.
Even though the world is turning upside down, the fact that this is possible without facing immediate arrest is still surprising. I don't think this is possible in any other democracy.
Re: xAI has acquired X, xAI now valued at $80B
#688Seems 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-p…
> Twitter debt is selling at 97% of value, indicating high confidence in the company
I helped some friends buy this debt. It has nothing to do with Twitter’s strength as an enterprise, but Musk’s brand as a political one. There is a great book on 90s Russia before Putin took power—the pre-Berezovsky playbook looks like the way to go in America right now.
Re: xAI has acquired X, xAI now valued at $80B
#689Earlier quoted context omitted.
As the sibling pointed out, private companies don't have stock prices. But I've read estimates that Twitter is worth less $10B now, so less than a quarter what Musk paid for it.
The banks just recently did a debt sale of a lot of that debt close to list price, so 44 billion dollar valuation is probably reasonable. Apparently the company is profitable now, sans the debt, so as long as it doesn't go out of business and can grow on other fronts then it's probably not a problem.
> profitable now, sans the debt
So, not profitable.
Re: xAI has acquired X, xAI now valued at $80B
#690Generic, overhyped AI company with no moat acquires a social media mainly inhabitated by bots.
Tesla used to be cool, SpaceX still is. But these two appear worthless to me.