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xAI will be dissolved as a separate company

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1–10 of 10 posts

Re: xAI will be dissolved as a separate company

#4

Does anyone believe what he says about this stuff any more?

> Does anyone believe what he says about this stuff any more?

About most things, no... you'd have to be a fool to believe him.

But I have no problem believing he'll dissolve xAI.

The only use he's gotten out of xAI AFAICT is to scam his way out of the twitter disaster via valuation inflation.

Re: xAI will be dissolved as a separate company

#6

Does anyone believe what he says about this stuff any more?

SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.

Conglomeration as accounting strategy. Classic.

Re: xAI will be dissolved as a separate company

#7

Earlier quoted context omitted.

SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.

Conglomeration as accounting strategy. Classic.

Isn't this about the IPO?

Re: xAI will be dissolved as a separate company

#8

Does anyone believe what he says about this stuff any more?

SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.

it helps they took many billions for a Moon effort they completely fumbled but never returned the cash

Re: xAI will be dissolved as a separate company

#10

Does anyone believe what he says about this stuff any more?

> Does anyone believe what he says about this stuff any more? About most things, no... you'd have to be a fool to believe him. But I have no problem believing he'll dissolve xAI. The only use he's gotten out of xAI AFAICT is to scam his way out of the twitter disaster via valuation inflation.

Grok offers a "supergrok" api for something like $300/yr so that might be a revenue stream built by xAI.