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by onlyrealcuzzo
2 days ago
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SpaceX is WAY more about space than Twitter. Twitter by itself is lucky to be worth $15B anymore. The space portion of SpaceX is easily worth 10x that. xAI is theoretically the hype machine that makes up the remainder of the value. |
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At SpaceX’s valuation, even a 1-2% increase in share price due to some astroturfing on the platform they themselves own basically pays back the cost of acquiring twitter.