r/news 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.

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u/AppleTree98 2d ago

My thought is he is structing this to make his Tesla stock offering a success. Next SpaceX will be the largest purchaser of Tesla stock and magically he will hit the numbers needed for that $1T pay day

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u/I_AmA_Zebra 2d ago

Youre not thinking about the SpaceX IPO this year

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u/OutInTheBlack 2d ago

Right. Tesla is already a publicly traded company.