13 points | by break_the_bank 11 hours ago ago
6 comments
Does anyone believe what he says about this stuff any more?
> Does anyone believe what he says about this stuff any more?
About most things, no... you'd have to be a fool to believe him.
But I have no problem believing he'll dissolve xAI.
The only use he's gotten out of xAI AFAICT is to scam his way out of the twitter disaster via valuation inflation.
I don't believe anything he says about anything, and haven't for a while.
SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.
Conglomeration as accounting strategy. Classic.
Isn't this about the IPO?
Does anyone believe what he says about this stuff any more?
> Does anyone believe what he says about this stuff any more?
About most things, no... you'd have to be a fool to believe him.
But I have no problem believing he'll dissolve xAI.
The only use he's gotten out of xAI AFAICT is to scam his way out of the twitter disaster via valuation inflation.
I don't believe anything he says about anything, and haven't for a while.
SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.
Conglomeration as accounting strategy. Classic.
Isn't this about the IPO?