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A comment on xAI has acquired X, xAI now valued at $80B. Parent comment

Re:xAI has acquired X, xAI now valued at $80B by fzeroracer on Friday March 28, 2025 @06:07PM (#43510336)
Elon Musk is, essentially, bailing out himself using investor money from another company he runs by assigning a very highball evaluation to the company he's been destroying.

I don't know how you can get closer to the robber baron ideal than being able to distort the market like that.

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Re:xAI has acquired X, xAI now valued at $80B by silisili on Friday March 28, 2025 @09:17PM (#43511820)
In fairness, a recent report put X's value at 44b, though I don't have access to FT to read the source material to know why.

https://markets.businessinsider.com/news/stocks/elon-musk-s-...

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