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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

#831

Post by testing22321 »

cedws wrote: post #744
chairmansteve wrote: post #627

Earlier quoted context omitted.

How's Solar City doing now? Not sure the court was capable of that judgement.

And what happened to Tesla solar roofs? Haven’t heard about those since like 2020. Who actually has one? And Tesla trucks? And full self-driving? And robotaxis? And the private venture around the moon? It’s like everyone just forgets Musk’s announcements that never get delivered on.

Solar roof installs are continuing to grow. Slower than they hoped, but growing.

The semi factory will be finished late this year.

FSD gets better each month. Obviously there is massive debate if it will be “done” in 1, 2, 5, 10 or never years

Robotaxis were announced recently, the plan as announced is for them to be sold in 2026. That has not changed.

Looks like they’ll have some kind of driverless taxi service running this year with remote operators like Waymo.

Private moon mission was canned.

I think it’s pretty strange to say Musks promises never get delivered on when Tesla sells the most popular car on the planet two years running, spacex launches more to orbit than the rest of the world combined and a ton of other stuff.

Obviously he’s utterly nuts, and doesn’t deliver everything he talks about, and is very late on many things. But you have to be blind to say he never delivers anything.

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

#832

Post by Henchman21 »

ilikehurdles wrote: post #210
Henchman21 wrote: post #183

Earlier quoted context omitted.

With SpaceX? Or Ketamine??

I think you’re showing us how low someone can go alright.

I'm sorry, but calling out someone visible and public substance abuse problem isn't low. As someone who has dealt with addiction and its fallout since I was a very small child, I can emphatically say the man needs help first and foremost.

But, as the wealthiest man on the planet he's more likely to just be given what he wants: more self-indulgence. When you surround yourself with yes-men and sycophants, actual help isn't likely.

Further, it's entirely right to call this out when his actions impact the rest of the world greatly and the man has obvious problems. To then try and turn it around on me as if I'd done something wrong by pointing out the Emperor has no clothes? Well, I could offer you some choice words, but I'll hold my tongue. However, in my estimation, you could do with some self-reflection and probably a bit less "taste of boot on your tongue".

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

#833

Post by xdavidliu »

thanhhaimai wrote: post #136

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…

> xAI was relatively separated from X and TSLA, and wasn't having the backlashes associated with the two.

I don't understand this point: why would these backlashes care about the on-paper separation? (I'm assuming by backlash, you mean that of public opinion, which already knows about the xAI-Musk association).

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

#834

Post by ceejayoz »

anon3459 wrote: post #721
ActorNightly wrote: post #556

Earlier quoted context omitted.

I really wish for this theory to be tested TBH. Martial law in US would be a great thing. US economy tanks, rest of the world like Europe is forced to pick up the slack, the world gets a refresh on what conservative "small government" brainrot does to countries.

Got some good examples from the past?

WWII?

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

#835

Post by naitgacem »

m3kw9 wrote: post #828
TZubiri wrote: post #435

Earlier quoted context omitted.

IANAL, but this might be brought to court, if the company mission (as defined in their operating agreement) is to invest in AI, then buying X is not in the best interest of the company and not what the investors signed up for. It could be fraud.

What is iAnal? Does it mean what I think it means?

IANAL stands for "I am not a lawyer"

This reminded me of this one time my father used the term "annales" which in french apparently means "past exams" or something :P

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

#836

Post by m3kw9 »

Tangible reasoning: So they raised 40b from xAI and brought X. Since musk owns X, xAI doesn’t need to pay a premium. Investors of X gets xAI share instead.

Non tangible reasoning: Since xAI uses data from X to train, and xAI likely will be used to explain and make new tweets. It makes the entire operation less complex. Elon is positioning X as the interface to the world and xAI will likely help control that. Remember he is gunning X to be an everything app and likely AI will be the core of how that will play out.

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

#837

Post by ohmahjong »

m3kw9 wrote: post #828
TZubiri wrote: post #435

Earlier quoted context omitted.

IANAL, but this might be brought to court, if the company mission (as defined in their operating agreement) is to invest in AI, then buying X is not in the best interest of the company and not what the investors signed up for. It could be fraud.

What is iAnal? Does it mean what I think it means?

Sorry to disappoint you, but it means "I am not a lawyer"

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

#838

Post by drstewart »

ActorNightly wrote: post #557
mandeepj wrote: post #207

Earlier quoted context omitted.

> Even a sliver of that capability and influence ensures nobody will ever dare to try and slap some cuffs on him After 2028 elections, all of that umbrella cover will go away. Optimistically speaking it could happen as soon as after Nov of 2026 (midterms).

Which is precisely why there won't be 2026 and 2028 elections. I dunno why people are pretending this is just 4 years of Trump. He tried to overthrow the results before, and this time around, he has support of all 3 branches and players like Elon Musk. US is going to do the same thing Russia did with Putin. If we end up having elections, its actually gonna be worse of long term, because despite tanking economy, most…

>Which is precisely why there won't be 2026 and 2028 elections.

Care to place a wager on it? I precisely bet you will ignore this offer though.

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

#840

Post by jijijijij »

brians wrote: post #313
eightysixfour wrote: post #283

Earlier quoted context omitted.

> He’s literally the richest person the earth has ever known This is arguable in real terms.

Yeah. He’s not even the richest African emmigrant… because Mansa Musa tipped so heavily he broke intercontinental trade dynamics.

> Mansa Musa tipped so heavily he broke intercontinental trade dynamics

Thank you for dropping this fun fact. Pretty telling of my "western" education, I have never been taught anything about this guy. Quite memorable years of reign too!

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