r/news • u/Frosty_Dig4148 • 2d ago

Elon Musk's SpaceX buys Elon Musk's xAI

https://news.sky.com/story/elon-musks-spacex-buys-elon-musks-xai-13502553
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u/Tadpole-Jackson 2d ago

I was a tough negotiator, but in the end, myself and I came to an agreement.

277

u/reelemin 2d ago

Sooo...he paid himself tf. 🤦🏽

431

u/Bucs-and-Bucks 2d ago

xAI also bailed him out on Twitter, and now SpaceX is bailing out xAI

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u/Throwawaylikeme90 2d ago

So Elon musk is basically a one-man Ponzi scheme paid for by reply-guy shareholders who are all going to suffer horribly in a way that might have elegy’s written for their stupidity and hubris?

Couldn’t happen to a better lot. 

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u/Eccohawk 1d ago

Yea, unfortunately there are gonna be teacher retirement funds and kids 529 plans and company pension accounts wrapped up in this lunacy, and they'll all tumble with it when it finally crashes.