politics @lemmy.world · 4 days ago

Musk's xAI swallows Musk's X in ego-friendly, all-stock deal

www.theregister.com

cross-posted to:
technology@lemmy.world

Musk's xAI swallows Musk's X in ego-friendly, all-stock deal

www.theregister.com

vegeta@lemmy.world to

politics @lemmy.world · 4 days ago

cross-posted to:
technology@lemmy.world

Comment: Social media platform magically worth a billion more than what he bought it for

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4 days ago
The comment I was going to make. This is preemptive. He used TSLA stock as collateral for the twitter loan and can now use xAI to pay it off before TSLA falls under the threshold set in the twitter deal

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