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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

#711

Earlier quoted context omitted.

You’re burying the lede here, which is that the Delaware Chancery Court rules that Tesla had paid a fair price for Solar City: https://www.businessinsider.com/elon-musk-wins-solarcity-tes...

[flagged]

Pointing out disinformation is a valuable thing to do, and well in the spirit of hacker news.

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

#713

I see many people hating Musk too much for political reasons. The same people are pretty convinced that he does not know how to conduct business, that he is operating at a loss and he will tank every business he is involved in. If that is the case, why don't this people put their money where their mouth is and invest everything they have in shorting Musk owned stocks like Tesla, SpaceX, xAI? They might have the chanc…

Because even if Tesla/X are tending towards zero, the market will stay irrational longer than you can afford it. The horde of Musk idiot fans grows every day.

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

#714
post #88

There must be some connection between this and the new equity funding last week, I would think? March 19: "Elon Musk’s social network X has raised close to $1 billion in new equity from investors" "Musk himself participated in the equity raise" "The deal values X’s equity at roughly $32 billion." https://fortune.com/2025/03/19/elon-musk-x-twitter-equity-fu...

Yes. Probably that was wash trading to provide a fake valuation to justify the merger price.

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

#715
post #713

I see many people hating Musk too much for political reasons. The same people are pretty convinced that he does not know how to conduct business, that he is operating at a loss and he will tank every business he is involved in. If that is the case, why don't this people put their money where their mouth is and invest everything they have in shorting Musk owned stocks like Tesla, SpaceX, xAI? They might have the chanc…

Because even if Tesla/X are tending towards zero, the market will stay irrational longer than you can afford it. The horde of Musk idiot fans grows every day.

So, if someone likes Musk, he must be an idiot, while if he hates him, we can be sure that someone is not an idiot.

On what do you base your assertions?

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

#716

This move makes it more likely that the internal number for TSLA is not good, and Elon is expecting the price to go down. He has access to the real revenue number. If it's going well, he wouldn't have to perform this maneuver. xAI was relatively separated from X and TSLA, and wasn't having the backlashes associated with the two. Now he risks having the xAI branding tarnished too. He wouldn't do this unless the TSLA i…

It's interesting in conjunction with the SEC/DOGE move.

For ever, companies wanted to cook their own profitability metrics - see the famous (pre-Musk) Twitter revenue per click or something, or adjusted by size of community.

Public company disclosure rules, however, dictate fairly strictly what is and isn't revenue, profit, capital and so on. Right now, you can publish any wacky statistics you like, so long as you also provide the GAAP ones - "generally accepted accounting practice".

But who knows, perhaps DOGE in SEC relaxes that, giving companies more scope to hide bits of their business they don't like.

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

#717

I see many people hating Musk too much for political reasons. The same people are pretty convinced that he does not know how to conduct business, that he is operating at a loss and he will tank every business he is involved in. If that is the case, why don't this people put their money where their mouth is and invest everything they have in shorting Musk owned stocks like Tesla, SpaceX, xAI? They might have the chanc…

Shorting stock is difficult anyway ("markets can remain irrational longer than you can remain solvent"), and doubly so when you're betting against the co-president in a corrupt state.

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

#718
post #404

Earlier quoted context omitted.

You can’t just pull out the corporate Amex and buy a world class datacenter. There is considerable value add there.

We don't know that it's a world class data center, we only know how many GPUs they bought. For all we know, half of them could be staying on shelvez, and the whole data center could run for 5 hours a day: there's no public info on how well they're doing.

Bro why are you so negative on every comment haha you really leak your negativity on musk companies.

It is a fact that grok3 is a strong competitive model. Surely it had to be trained somewhere? They went from 0 to what they have now in 1 year

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

#719

So he just sold himself a company he already owns for a valuation that he himself assigned to that company but that was less than what he paid for it, and he paid entirely using “money” that has a made up value and which he issues himself? Wild.

you might want to check who owns majority of FAANG stocks. once you identified those, check how much they own of each others. Musk is just doing what everyone else does

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

#720
post #400

Earlier quoted context omitted.

> He’s literally the richest person the earth has ever known. That’s disputable > He literally commands the most powerful military apparatus the world has ever seen. That’s also disputable

>> He literally commands the most powerful military apparatus the world has ever seen. > That’s also disputable Why? Which military has ever existed that would have a chance against the current US military?

Taliban.

Conventional armies have a hard stand against partisans.

The US in Vietnam and Russia and the US in Afghanistan.

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