Sources: SpaceX is in advanced talks to combine with xAI and they have informed some of their investors, as Elon Musk moves quickly to consolidate his empire
SpaceX is in advanced talks to combine with xAI, according to people familiar with the matter, as billionaire Elon Musk moves quickly to consolidate his empire.
Bloomberg
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Discussion
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@highyieldharry
@highyieldharry
on x
*SPACEX IS SAID TO BE IN ADVANCED TALKS TO COMBINE WITH XAI [image]
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@junkbondanalyst
@junkbondanalyst
on x
*SPACEX IS SAID TO BE IN ADVANCED TALKS TO COMBINE WITH XAI Elon Musk's empire consolidation begins. [image]
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@stevehou
Steve Hou
on x
$8B in profits on $15-16B sales, so that's over 50% EBITDA margin. Pretty good if true? [image]
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@compound248
@compound248
on x
Never forget how SpaceX calculates “profit.” [image]
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@elonmusk
Elon Musk
on x
@aaronburnett Yes
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@aaronburnett
Aaron Burnett
on x
Explore the Universe 🤝 Understand the Universe
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@danprimack
Dan Primack
on x
Didn't think the way he might achieve this was by merging it w/ SpaceX