Remix.run Logo
jrmg 8 hours ago

I wonder how many here are aware that SpaceX (not Musk) now owns X Corp. (nee Twitter), via its ownership of xAI.

Smells like great fiduciary responsibility!

HerbManic 2 hours ago | parent | next [-]

I have long suspected that the next major move will be to roll Tesla into Space X, thus completing the Musk consolidation. After that is when it gets interesting as the whole staggeringly massive business has to be profitable long term.

It could be a good thing as it is very diversified but it can also open the whole thing up to a lot of risk factors.

NelsonMinar 7 hours ago | parent | prev | next [-]

You should see Tesla's rooftop solar business!

nojvek 6 hours ago | parent | prev [-]

Let’s not forget the Republican govt + DOGE fired anyone with a spine at SEC.

So SpaceX will be listed and soon on the index. He learned how getting into S&P500 index was a rocket ship for Tesla. So he bent the rules for SpaceX.

So when the market crashes. It’s gonna be fast because of a couple of tech companies.

Let’s see if OpenAI has enough clout and billions to bribe SEC to bend rules for them.

Every year US becomes more of a Banana republic.

bpodgursky 5 hours ago | parent [-]

On what grounds would the SEC actually block the merger? It's not anticompetitive, it's not even vertical integration. They can't stop things just for being dumb.