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by dfansteel 46 days ago
SpaceX is profitable. Merging with xAI hides the absolute dumpster fire P&L xAI is bringing to the table. He can continue to fund his ego projects to the detriment of both orgs.
2 comments

it helps they took many billions for a Moon effort they completely fumbled but never returned the cash
Conglomeration as accounting strategy. Classic.
Isn't this about the IPO?