Comment by SilverElfin
16 hours ago
I suspect SpaceX will acquire Tesla at some point. It’s the most profitable of these companies. So basically SpaceX employees and shareholders are covering up for the failing Tesla business and the already-failed xAI business.
Let’s not forget, xAI is the parent of Twitter/X (the social network). So now, taxpayers are paying to keep Twitter/X alive. After all, it is taxpayer money going to the contracts the government gives SpaceX for launches. Nice way to subsidize what is effectively a one sided campaign machine for the GOP and far right.
> I suspect SpaceX will acquire Tesla at some point.
Tesla will have to lose its meme status first, otherwise they would be paying real money to make the acquisition close. The other acquisitions are using VC valuations which Musk has a big hand in. Matt Levine did a whole thing on it when xAI acquired X.
> I suspect SpaceX will acquire Tesla at some point.
I think that is also likely, unless Tesla can stage a major turnaround, it is going to be beaten by Chinese competitors nearly everywhere that they are allowed (which is everywhere but the USA.)
This was my immediate thought as well. A great time to ask yourself — why am I literally paying for any of this? At best I literally don't use any of these services, at worst they are actively used against me.
I get what you're saying, but that taxpayer money is paying for the launch services at a very competitive rate (possibly the cheapest of all available options), not a subsidy scheme.
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