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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 rwmj on Saturday March 29, 2025 @08:04AM (#43514843)
a.k.a the worst kind of financial engineering. The company is not profitable if it doesn't make a profit when all things are considered.

And we're not even talking about the missed opportunity costs of the ~ $27bn cash used to purchase Twitter. Most of that value is completely gone.

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Re:xAI has acquired X, xAI now valued at $80B by DoesntMatter22 on Saturday March 29, 2025 @11:50AM (#43516433)
If you were an investor in X and put up some of that $27 billion dollars you now own shares in xAI, so it's not not gone.
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Re:xAI has acquired X, xAI now valued at $80B by rwmj on Saturday March 29, 2025 @12:40PM (#43516744)
You can dress it up in "financial alchemy" like any hedge fund, but it doesn't disguise the fact that the last person to carry that can is going to lose a lot of very real money.
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Re:xAI has acquired X, xAI now valued at $80B by DoesntMatter22 on Saturday March 29, 2025 @02:01PM (#43517310)
That doesn't even make any sense.
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