Why?

Because it's another tool to move money on books and make it seem that spaceX and or xAi look good to investors when needed. That would be my guess.

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elteto 6 hours ago | parent | prev | next [-]

Pre-IPO price padding. xAI is going nowhere but at least for now it has some value. Move it under SpaceX, bump up SpaceX’s valuation and therefore it’s opening IPO price. Then kill xAI and write it off.

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iancmceachern 7 hours ago | parent | prev [-]

These are no longer tech companies, to they are financial, and power, instruments of the billionaire class

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andsoitis 7 hours ago | parent [-]

> These are no longer tech companies, to they are financial, and power, instruments of the billionaire class

SpaceX has made numerous breakthroughs in reusable launch vehicles, human spaceflight, satellite constellation, and rocket propulsion.

SpaceX is the world's dominant space launch provider with its launch cadence eclipsing all others, including private and national programs.

	▲	irinianianian 6 hours ago \| parent \| next [-]
		Huge drag we allow it to be controlled by a drugged out nut job.
	▲	iancmceachern 5 hours ago \| parent \| prev [-]
		All as a side effect...