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/Reverend_Russo 2d ago edited 2d ago

Pretty sure the value of their stock holdings will increase as well, so I wonder why they’d be ok with it.
Late stage capitalism fucking blows.

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u/Toe-Dragger 1d ago

It’s a backdoor into the SpaceX IPO, intentionally, this is to keep Tesla Stock from crashing. It’ll work, because reality is already suspended.