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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

#871

Earlier quoted context omitted.

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When I read your comment, what I see is "I checked through their comment history. They disagree with my political viewpoint, so I'm going to use the popular talking points from my in-group to attack them." I glanced through your comment history as well, and I'm convinced that you are a lot smarter than that, and can add more to the conversation.

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

#872

Earlier quoted context omitted.

[flagged]

When I read your comment, what I see is "I checked through their comment history. They disagree with my political viewpoint, so I'm going to use the popular talking points from my in-group to attack them." I glanced through your comment history as well, and I'm convinced that you are a lot smarter than that, and can add more to the conversation.

Looking through your comment history it seems like you use a thesaurus on a few posts so that you can defend people like him in other posts.

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

#873

Earlier quoted context omitted.

Re: 2026, it's possible Democrats could take back the House, and then be able to impeach the President. But it looks like they would need to win 32 of the 33 seats up for grabs in the Senate - 20 of which are currently held by Republicans in solidly red states - to guarantee the 66 votes necessary to convict. That seems unlikely. And think about what would need to happen if you'd like to see actual change in leadersh…

> But it looks like they would need to win 32 of the 33 seats up for grabs in the Senate - 20 of which are currently held by Republicans in solidly red states - to guarantee the 66 votes necessary to convict. That seems unlikely. Your numbers are on point. But, there's another Math that could take us on that path leading to the same goal: A lot of republican lawmakers aren't happy currently. Although it's a long shot…

It happened over Nixon, whose crimes were much less serious… relatively trivial, even.

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

#874
post #684

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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.

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

#875
post #744

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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.

> Musk’s announcements that never get delivered on

And then there's the ones he did deliver on, like spectacular re-usable rockets, Starlink, Neuralink, etc.

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

#876

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…

I thought self dealing was usually illegal. I can’t sell my family member my house for $1 for example. But you can do the same thing with companies?

Yes, self-dealing is illegal when taken to mean a precise legal term; a fiduciary using that position to carry out a transaction in their own self-interest and against the interests of their beneficiaries.

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

#877
post #744

Earlier quoted context omitted.

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 runn…

My understanding is that the solar roofs are basically dead. They're more of a vanity project than a real product. The total production of the tiles is enough to cover like 10-20 houses a week and the full system price is around 5 times what a regular solar install costs, even when you factor in replacing the entire roof before doing the solar install.

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

#878
post #861

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Exactly why do you believe a court that does exactly this kind of judgement all the time is not capable of it? They issued a 127 page supporting decision on why they found it was a fair process that generated a fair price. Want to say which part you take issue with that shows it was not capable of the judgement? FWIW - I actually hate tesla, i just also hate the sort of drive by shitting on other fields that HN seems…

you hate the company or the product? How does someone hate a company the open sourced all of their patents which resulted in creating a ton of competition in a previously dominated market?

I'm a fan of Tesla's patent strategy. However, calling it "open source" isn't strictly correct. Patents are only free to use as long as you also give Tesla rights to all your patents.

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

#879

This is Solar City all over again, but at least this time it's not with public investors money. He can now use the money raised by xAI, to pay off the debt of X, which was bleeding money. So today in corporate America we have: - Trump pardoning one of the most obvious scammer of the past 10 years - Trevor Milton - Trump pardoning some obvious crypto scammers - Musk using investors money from one of his companies, to…

And unfortunately, AI companies like xAI are relatively cheap to keep running, so it could take a while before it goes bankrupt.

How AI companies relatively cheap to keep running? Aren't they well known to spend a lot in GPUs for training? I always saw AI companies as actually quite relative expensive companies to keep running.

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

#880

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?

xAI doesn't have the money to buy X either. This acquisition doesn't involve any cash whatsoever.
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