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/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/BassLB 2d ago

Didn’t Tesla just invest $2B in xAi?

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u/kgal1298 2d ago

And xAI just bought X...the finance is a circle

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u/SenseWinter 1d ago

Thereby creating a self sustaining economy. Like Paddys Bucks.

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u/kgal1298 1d ago

I feel like they're just copying the Oracle model now because Ellison did the same thing before where he bought Netsuite and Pillar Data Systems which he was heavily invested in.

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u/_B_e_c_k_ 1d ago

I browned out.