Comment by gigiogigione

18 hours ago

I don’t get the SpaceX reference. I thought they made rockets?

They now also own xAI

  • Which in turn owns Twitter. SpaceX is now a social media company in addition to a rocket company.

    One theory I think Matt Levine posited, is that SpaceX will go public with dual-class stock that gives Elon control even with a minority ownership stake, and will subsequently buy Tesla, which doesn't have dual class stock, making SpaceX the singular "Elon Musk company", with him having operational control despite being public.