Comment by SilverBirch

A lot of people are getting very irate over this, but I think this is more or less fine. Everyone in these companies know perfectly well they're just part of the Elon Musk extended universe. He hasn't behaved like they're separate companies for quite some time. Was it a financially wise move for xAI to buy twitter? Well, no, but everyone in twitter was quite happy they got a price that was the same as the inflated original purchase price, so that was quite clear, and everyone involved in xAI is the Elon train so they've got nothing to complain about and if you squint the rationale of training data and distribution kind of makes sense. With SpaceX again, it's a private company, if they want to go along with Elon Musk's non-economic moves because they want to be onboard the Elon train? Sure, why not, they've followed him this far and he genuinely has delivered an incredibly ambitious feat with SpaceX.

I think the only exception is Tesla where it's a public company and Musk has an obligation to the shareholders, but honestly, this seems like it would be SpaceX bailing out Tesla & xAI, not the other way around.

I guess what I'm saying is "Who is actually invested in any of these Elon Musk ventures who isn't happy to give Musk a blank cheque to operate however he wants?"