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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 testing22321 on Tuesday April 01, 2025 @02:03AM (#43543330)
So what ARE you saying?

Keep it concise and to the point. Make it worthwhile.

[ Parent | on HN ]
Re:xAI has acquired X, xAI now valued at $80B by bumby on Tuesday April 01, 2025 @08:36AM (#43546034)
It’s all there in the OP. But since reading comprehension seemed to take a hit due to the need for arguing, I’ll reiterate:

His high-risk bets have largely been buoyed by government contracts

SpaceX wouldn’t have survived without govt intervention. I think the same can be said of Tesla to a lesser extent. That’s not bad, it’s the way things work with high-risk nascent industries.

[ Parent | on HN ]