Elon Musk's Megadeal Between X and XAI Breaks Wall Street's Rulebook
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Re: Elon Musk's Megadeal Between X and XAI Breaks Wall Street's Rulebook
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Re: Elon Musk's Megadeal Between X and XAI Breaks Wall Street's Rulebook
#3Re: Elon Musk's Megadeal Between X and XAI Breaks Wall Street's Rulebook
#4From the Feb 2024 round announcement: “A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst others. Strategic investors NVIDIA and AMD also participated”
I bet the limiteds in those VC funds are thrilled to own a falling knife in social media and the interest payments on $12 billion in debt. And this is a real enhancement to Nvidia and AMD investment strategies.