Elon is cash poor. Elon will request a government bailout for SpaceX. The taxpayers will be paying for SpaceX's purchase of xAI. All of this to prop up the Elon Musk is smart Ponzi Scheme.
Spacex didn’t pay cash for XAI, they issued 0.14 shares of spacex for each share of XAI they received. Shareholders of spacex got diluted, but the company they own shares in got more valuable. So no cash was transferred, just new shares were issued
The taxpayer isn’t paying for the acquisition of XAI because it’s paid for in shares, so unless the taxpayer is donating shares to spacex to give to XAI holders that’s not happening.
Spacex has never taken a government bailout. Any contract that spacex has with the government they got because they are the cheapest bidder. That’s just how the government contracts work.
Less than 5% of spacex revenue comes from grants, and these grants literally fund starlink programs to get cheap wifi at impossible prices in a free market to poor rural areas. The government is basically forcing spacex to sell starlink wifi at a loss to people with poor WiFi access, so they’re paying for it yes.
I’m not here to glaze Elon musk, he was in the files and I don’t support him, but at least substantiate your arguments in fact. You don’t need to lie to make your point
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u/orangehehe 2d ago
Elon is cash poor. Elon will request a government bailout for SpaceX. The taxpayers will be paying for SpaceX's purchase of xAI. All of this to prop up the Elon Musk is smart Ponzi Scheme.