Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

twitter.com

Post reply on HN
Print view View original

811–820 of 1001 posts

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

#811

Post by FreebasingLLMs »

jcranmer wrote: post #773
thordenmark wrote: post #752

Earlier quoted context omitted.

Aren't Cyber trucks by Tesla? And FSD is basically here which means robotaxis are basically here. Now there are just regulatory hurdles and the long tail.

> Aren't Cyber trucks by Tesla? GP is referring to Tesla's promise to build electric semi trucks, not the pickup truck that Cybertruck is. > And FSD is basically here which means robotaxis are basically here. Now there are just regulatory hurdles and the long tail. AIUI, Tesla FSD is at best Level 3 automation (probably more like Level 2), which means it requires constant driver supervision to keep the car from commi…

[dead]

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

#812

Post by kube-system »

jcranmer wrote: post #773
thordenmark wrote: post #752

Earlier quoted context omitted.

Aren't Cyber trucks by Tesla? And FSD is basically here which means robotaxis are basically here. Now there are just regulatory hurdles and the long tail.

> Aren't Cyber trucks by Tesla? GP is referring to Tesla's promise to build electric semi trucks, not the pickup truck that Cybertruck is. > And FSD is basically here which means robotaxis are basically here. Now there are just regulatory hurdles and the long tail. AIUI, Tesla FSD is at best Level 3 automation (probably more like Level 2), which means it requires constant driver supervision to keep the car from commi…

FSD is level 2, because the human driver is required to pay attention and intervene at all times.

https://www.sae.org/binaries/content/gallery/cm/content/news...

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

#813

Post by UncleEntity »

nozzlegear wrote: post #523
mingus88 wrote: post #489

Earlier quoted context omitted.

The U.S. will never allow any former president to get prosecuted because the precedent is too severe. By all reasonable accounts, GW Bush should have been prosecuted for war crimes. Trump should have been prosecuted the moment he left office for a spectrum of crimes. There is even a strong argument that Obama should have been prosecuted for drone strikes on citizen combatants. But power protects power, and the moment…

Nixon certainly would've been prosecuted if he hadn't been pardoned. > There is even a strong argument that Obama should have been prosecuted for drone strikes on citizen combatants. I don't think this is very strong at all. There is zero evidence that Obama intentionally targeted civilians outside of al-Awlaki. Suggesting that he did, and that he should be prosecuted for war crimes, puts him in the same moral catego…

> There is zero evidence that Obama intentionally targeted civilians outside of al-Awlaki.

So... there is evidence he intentionally targeted a civilian?

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

#814

Post by j4coh »

eximius wrote: post #703
rayiner wrote: post #182

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]

[flagged]

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

#816

Post by gscott »

silisili wrote: post #675
HWR_14 wrote: post #668

Earlier quoted context omitted.

How did he get the tens of billions in cash he personally put in if not leveraging Tesla. Yes he had minority investors and put some debt on the acquisition itself, but he put up a lot of money.

He sold Tesla shares. This is all public, I don't understand the weird speculation...

He had to sell some Tesla shares because he reached the max borrowing limit against his Tesla shares that was allowed. Once he was forced to sell shares he had to pay a lot in taxes. This shows the mega wealthy can pay taxes and not become poor. We should learn from this lesson and tax the .01% of society.

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

#817

Post by parasubvert »

eximius wrote: post #703
rayiner wrote: post #182

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]

[flagged]

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

#818

Post by torginus »

How the hell does this work??

I have five dollars in a box, and I buy a different box, also known to have five dollars in it, for the $5 in the first one. Now, according to this logic, I have a portfolio worth $10, since I still have the original box, worth $5 and the new one, also worth $5.

If I tried this at a gas station, I would be arrested if I got caught.

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

#819

Post by throawayonthe »

permo-w wrote: post #332
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.

right but you don't have $1T to do that, whereas clearly he has however much money he's paid for it. it's a weird thing to do, but if he has the money to do it then meh?

[dead]

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

#820

Post by j4coh »

whats_a_quasar wrote: post #354
wraaath wrote: post #309

Earlier quoted context omitted.

Definitely great for the Twitter investors to be able to convert. I think they took a haircut relative to the 42B that they came in on, as the 45B includes the 12B debt. (42 gets reduced to 33, so 21-22% haircut) xAI also raised 6B in December last year at a 45B valuation, and then in February, reporting was that xAI was trying to raise 10B more at the 75B valuation... so this is where the frothiness of AI helps to m…

Definitely, and a lot of that haircut actually happened in between when the deal was signed and when it closed, too. That was right when interest rates went up and Musk tried to wriggle out of the purchase agreement. So it's a great outcome for Twitter investors, assuming it sticks.

And assuming the xAI stock they traded their X stock for is worth anything.
Post reply on HN