Bullshit. He’s playing move the debt around.
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Absolutely. And if the AI market takes a hit it will barely affect a government contracted space program that will get a taxpayer funded bailout if it has any trouble at all.
In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
Lololololol
Dumbass McScammer at it again. His starship still can't even bring a fucking banana to LEO but sure, pets move entire datacenters there.
He has lied about everything for decades now, this too, ain't gonna happen.
Company with largest stock valuation
=/=
Most valuable company
Can we also take a moment to acknowledge how utterly unhinged this part is?
"This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!"
yeah wtf.... a sentient sun? First of all, how do we know the sun isn't sentient? And if it was/is why assume it would give a shit about humanity?
But also wtf... Like, he's trying to merge the sun with AI? Am I taking it too literally? He's trying to create god? So he can ask for forgiveness for being a pedo pos?
It's a bunch of technobabble loosely related to his harebrained scheme to launch a fuckload of solar powered AI servers into LEO.
Bobs : “What is it you do?”
Elon : "Well--well look. I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people. Can't you understand that? What the hell is wrong with you people? "
Valuable to whom?
Putting AI datacenters in space has got to the be dumbest idea conceived by Elon yet. There has to be several dozen engineering challenges to even make that happen and when all is said and done it would make absolutely no financial sense to actually do it. This is just yet another attempt by Elon to hype up spacex for an IPO. It's a very poor attempt at that.
EDIT (1 day after initial comment): There is one angle I didn't think of yesterday but just dawned on me. Now that Twitter office was raided by authorities in France, perhaps Elon thinks he can put datacenters in space to get around the jurisdictions of countries. He might be thinking by putting datacenter in space that can beam data directly through starlink he can basically side step local law. He may think by having CSAM generating datacenters in space it can't be raided and be shut down easily by terrestrial law enforcement. Obviously this is not how law and law enforcement works but I think there is a decent chance Elon is dumb enough to think his idea would work.
it's getting hard to differentiate his ideas that are intentionally scams and his ideas that are just ketamine fueled insanity
Isn't heat management like one of the stickiest problems in long term space travel? Bc a vacuum doesn't have anything it can transfer heat to so it can't cool down. And this guy wants to establish data centers for which heat management is also its biggest problem.
How long until he rebrands Tesla to X Automobiles?
Naming everything to "X" is a cartoon villain move, except we don't have a superhero to fight him.
Lol "Valuable" ooookay then
One day soon he’ll run out of companies to eat each other and the creditor bill will come due.
I wonder which American taxpayers will foot the bill?
All of them!
Because the rich can’t technically be taxpayers if they don’t pay in the first place.
The government will not let SpaceX fail, it’s a strategic asset and Musk knows this. He is going to tie his Xai to it and saddle it with all the debt it is incurring. When the AI bubble pops he will be able to ask for bail outs to keep SpaceX afloat.
Companies that are too big to fail and need a bail out, should be automatically nationalised.
No one has said this is how Elysium starts?
This is how Elysium starts.
Elysium actually had some semblance of working technology, though.
Space solar panels and datacenters is pure fraud. Merger is purely to ruin one established company with revenue, mostly government funded, with an anchor to sink it, but help mecha hitler control skynet.
This seems like a good way to turn a golden goose into a turducken. Elon really needed some of Aesop's fables in his upbringing.
If xAI disappeared tomorrow, literally nothing of value would have been lost. I'm not sure who would even notice immediately as I still have never met a single human being in real life who personally uses X.
It's all a scam that would be investigated in normal times. Tesla's cars and robots will need AI to function (albeit xAI seems to be failing spectacularly), and xAI is hemorrhaging cash, but he loses leverage over Tesla's board if the AI division went to the Tesla. SpaceX investors should be pissed they're going to be carrying it now, and Tesla investors should be pissed as well.
Hide the company losing money in the company making money. He has done this before.
And I’m sure this has nothing to do with grok on X creating CA.
So he decided to ruin his one successful company. Which is successful because he wasn't involved in running it until now.
@Grok the primary fuel flow regulator is showing a red light, what's wrong with it?
Makes sense. Wants the bailouts when it all crashes, doesn't want terrestrial data center regulations so he can get away with whatever.
Definitely getting bail outs when it fails. Fucking plutocracy sucks, privatized profits, socialized losses.
Space X should be confiscated and rolled into NASA. We the American taxpayers pay for this lunatic nonsense because of Reagan and the neoliberal that followed. all the profits are privatized and funneled to a South African Zionist Nazi pedofile. When the US had public services everything wasn’t a scam like it is now. Using our tax dollars to “privatize” everything is what ruined the country
But that was the one place that hadn't been corrupted by capitalism!
great place to store the expensive child porn generators. far away in space, where a molotov can never reach.
i fucking hate this timeline.
“Valuable”
And it will all come crashing down