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rtkwe 2 days ago

Yeah that plus wrapping the xAI dogshit debt inside SpaceX is where it gets really scummy. At least the S&P500 didn't (yet) succumb and lower their requirements and that's where most of my investment money is parked.

rchaud 2 days ago | parent [-]

not to mention hiding all the Twitter losses inside of xAI because AI in general loses lots of money.

rtkwe 2 days ago | parent [-]

I had completely forgotten they'd already wrapped xAI around Twitter. That's getting to turducken levels of nested bad companies.

There's also the Tesla (potential) self dealing where SpaceX bought a bunch of Cybertrucks and appears to be leasing them to employees for cheap as a perk.