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.

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turnip@sh.itjust.works ⁨6⁩ ⁨days⁩ ago

Blame loose monetary policy, and QE that pumps money into risk assets. Tesla and Bitcoin have many things in common.

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