Post #1015809
2026-04-06 11:38 UTC
Media coverage of Musk's companies continues to fail the public. SpaceX exists almost solely off of government contracts—our money—and just rolled exTwitter and Xai into that single company to hide the losses in those companies. The planned IPO will seek more Americans' money to allow Musk to cash out. This is a deeply cynical ploy, but financial outlets report it breathlessly.
Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO
https://finance.yahoo.com/news/elon-musk-spacex-buys-xai-234756266.html?guccounter=1
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