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Forwarded from Orwellian Dystopia
Elon Muskโs Masterclass in Selling to Yourself
Elon Musk has just sold Xโฆ to himself. Well, sort of. His AI company, xAI, has "acquired" X in a stock swap, slapping a $33 billion price tag on the platform. In reality, this isnโt much of a sale, just a shift in ownership under the same umbrella.
Meanwhile, xAI walks away looking like an $80 billion giant, proving once again that when it comes to business, Musk is rewriting the business playbook while the rest of us are still reading the rulebook.
Elon Musk has just sold Xโฆ to himself. Well, sort of. His AI company, xAI, has "acquired" X in a stock swap, slapping a $33 billion price tag on the platform. In reality, this isnโt much of a sale, just a shift in ownership under the same umbrella.
Meanwhile, xAI walks away looking like an $80 billion giant, proving once again that when it comes to business, Musk is rewriting the business playbook while the rest of us are still reading the rulebook.
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