[robmccoll]

Musk sold Twitter into xAI which he then sold into SpaceX as a financial engineering effort to lessen the impact of massive debts and cash burn. The IPO and some clever structuring is the final step in the process.

[ProAm]

It's really just a debt transfer to make one company look good while the other is saddled with debt. Should be illegal

[bmitc]

I.e., fraud.