Comment by fabian2k
13 hours ago
There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here to be gained.
13 hours ago
There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here to be gained.
How can you have a conflict of interest if they're entirely separate fields? They have different interests, so where's the conflict?
You don't need synergies to justify a merger. They're often used as justification as in paying well above market price. But it has nothing to do with actual justification. You can just have a holding company of businesses
The conflict of interests here is the conflict between musks interests and the other shareholders interests
Yeah but who can be hurt by this, these are both private companies? So whose interest is his "conflicting" with? I'm sure the shareholders will raise it with him and/or bring a lawsuit if they aren't happy (they probably are happy).
he is literally going to launch datacenters into space to train ai so they are a little related
edit: these replies aren't going to age well
Yeah, I'm not buying that. I don't see how that could be any cheaper than regular datacenters. It might just be technically feasible, but launching stuff into space will always be more expensive than not launching stuff into space. And all those pesky technical issues like cooling might be solvable, but I doubt they're that cheap to solve.
You're right, but in this sense:
literally (adverb)
informal : in effect : virtually
Used in an exaggerated way to emphasize a statement or description that is not literally true or possible.
Ex: I literally died of embarrassment.
He says he is going to launch data centers in space. We should all know better than to take him at his word on that by now.
No he is not. It makes no sense from a physics standpoint or an economic standpoint. And even if they were, it wouldn’t require whatever this acquisition is.
No, he's not. And if he does, he's as big of an idiot as his detractors say that he is.
Oh man, I sure hope he disclosed that