Comment on 'X' Marks xAI's Spot: xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion.

homesweethomeMrL@lemmy.world ⁨1⁩ ⁨week⁩ ago

So the ridiculously overvalued pump-and-dump paid for the real assets that he then destroyed but will bail out with the magical cauldron of venture capital so everything’s just fine.

Can’t see any problems here.

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