@xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).
— Elon Musk (@elonmusk) March 28, 2025
Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at…
pollo hermanos said:
Looks like X equity value dropped about $7B since he bought it in 22 (at least on paper). Unclear if it is a win.
Was responding to the note about win for investors. I agree generally it was good to get social media diversified.JWinTX said:pollo hermanos said:
Looks like X equity value dropped about $7B since he bought it in 22 (at least on paper). Unclear if it is a win.
It's a loss for the Left. They controlled social media like it was the MSM. Now, they don't. And nobody watches the MSM anymore. They get their news from social
Media, podcasts, or talk radio.
Elon saved the Republic by buying X. And the Left can't handle that he did and that he made freedom of speech a reality again. Funny thing about communism…it always loses out to freedom.
Wow.
— Chamath Palihapitiya (@chamath) March 28, 2025
The currently best ranked consumer AI model has just acquired the most complete corpus of scaled, real time information on the Internet.
This data will be a part of the pretraining to make the models xAI makes even more differentiated.
This is a smart move in a moment… https://t.co/Vvnw4HPADK
Agreed, and I think this is the real motivation.lb3 said:
At one point X's value was around $8B from the $44B he paid for it. Elon used his Tesla shares as collateral to borrow the money for X.com.
My speculation is that paying off the X.com debt with xAI dollars was likely done to protect his Tesla shares. With Tesla prices dropping and an investor revolt brewing, he needs to maintain his holdings to remain CEO.
This deal is good news for $TSLA investors because it lowers the risk that Elon potentially might have had to sell Tesla stock at any point in the future to cover X’s $12 billion debt. https://t.co/J4gUTVsvfc
— Sawyer Merritt (@SawyerMerritt) March 28, 2025
Musk is worth 360 billion. It's a huge win. For guys with that kind of wealth, 7 billion is a small price to pay for the influence he gained. We should all be thanking him, because he was willing to bear the risk and the cost of what has ultimately given this country a fighting chance to save itself.pollo hermanos said:
Looks like X equity value dropped about $7B since he bought it in 22 (at least on paper). Unclear if it is a win.
Yeah no worries about training an AI on books or newspaper articles on the internet. It'll be trained by real people responding to tweets in real time.RED AG 98 said:
Elon purchased twitter for $44B in 2022, so this is basically a wash. The bigger point is that X has come all the way back after getting down to the $10-15B range due to mostly political attacks.
I think there's something to this as well, with xAI now owning the best real-time dataset out there...Wow.
— Chamath Palihapitiya (@chamath) March 28, 2025
The currently best ranked consumer AI model has just acquired the most complete corpus of scaled, real time information on the Internet.
This data will be a part of the pretraining to make the models xAI makes even more differentiated.
This is a smart move in a moment… https://t.co/Vvnw4HPADK
lb3 said:
At one point X's value was around $8B from the $44B he paid for it. Elon used his Tesla shares as collateral to borrow the money for X.com.
My speculation is that paying off the X.com debt with xAI dollars was likely done to protect his Tesla shares. With Tesla prices dropping and an investor revolt brewing, he needs to maintain his holdings to remain CEO.
Satellite of Love said:
lol this is literally the left hand giving the right hand a stack of money. It's still owned by Elon…
It simplifies the relationship between X and xAI. X was receiving money from xAI for access to data, xAI was receiving money in return for providing access to premium tier Grok models.infinity ag said:Satellite of Love said:
lol this is literally the left hand giving the right hand a stack of money. It's still owned by Elon…
Yeah I don't see what the point is. What is the OP celebrating?
It's not an immediate risk to Tesla. Share price today is 15% higher than it was at the close of the purchase of Twitter. Would require >50% down move in Tesla from current prices for picker up time for Tesla investors. He did not get called on outstanding debt when Tesla was in the $108/share range, but was supposedly close.RED AG 98 said:Agreed, and I think this is the real motivation.lb3 said:
At one point X's value was around $8B from the $44B he paid for it. Elon used his Tesla shares as collateral to borrow the money for X.com.
My speculation is that paying off the X.com debt with xAI dollars was likely done to protect his Tesla shares. With Tesla prices dropping and an investor revolt brewing, he needs to maintain his holdings to remain CEO.This deal is good news for $TSLA investors because it lowers the risk that Elon potentially might have had to sell Tesla stock at any point in the future to cover X’s $12 billion debt. https://t.co/J4gUTVsvfc
— Sawyer Merritt (@SawyerMerritt) March 28, 2025
JWinTX said:pollo hermanos said:
Looks like X equity value dropped about $7B since he bought it in 22 (at least on paper). Unclear if it is a win.
It's a loss for the Left. They controlled social media like it was the MSM. Now, they don't. And nobody watches the MSM anymore. They get their news from social
Media, podcasts, or talk radio.
Elon saved the Republic by buying X. And the Left can't handle that he did and that he made freedom of speech a reality again. Funny thing about communism…it always loses out to freedom.
][/url] Lots of free speech hating leftists have done all they can to attack and devalue it. It's a great platform.pollo hermanos said:
Looks like X equity value dropped about $7B since he bought it in 22 (at least on paper). Unclear if it is a win.
ts5641 said:
Dude knows how to make money. He' literally the poster child for what America stands for. With talent, hard work, determination, etc anyone can accomplish what they want in America. He was a hero to the left and now is vilified because of his crazy notion to want to help eliminate government waste.
TexAgs91 said:
Let's also remember that Tesla is not a car company. It's a massive AI company that uses cars to collect real world data as they will begin to develop legions of humanoid robots that operate using this same AI.
