minus-squareSirdubdee@lemmy.worldtoTechnology@lemmy.world•Elon Musk sells X to his own xAI for $33 billion in all-stock deallinkfedilinkEnglisharrow-up57·6 days agoHe traded a liability for an asset. Distanced X from his personal assets (Tesla stock) used as collateral. xAI now has massive amounts of debt and Elon just owns the company that owns it. linkfedilink
minus-squareSirdubdee@lemmy.worldtoTHE_PACK@lemmy.world•THIS IS MY FIRST MEME EVERlinkfedilinkEnglisharrow-up10·16 days agoI’m glad I got to see it. linkfedilink
minus-squareSirdubdee@lemmy.worldtoNo Stupid Questions@lemmy.world•How does this pic show that Elon Musk doesnt know SQL?linkfedilinkarrow-up2arrow-down2·2 months agoHanlon’s razor. He’s obviously referring to himself lol. linkfedilink
He traded a liability for an asset. Distanced X from his personal assets (Tesla stock) used as collateral. xAI now has massive amounts of debt and Elon just owns the company that owns it.