Email to current and former X and xAI employees: xAI shares will be converted into 0.1433 shares of SpaceX stock, and employees will have the option to cash out
The merger puts Elon Musk's rocket and artificial-intelligence companies under one roof — Elon Musk said SpaceX acquired xAI …
Wall Street Journal
Related Coverage
- Elon Musk merges xAI into SpaceX to spread universal consciousness via a sentient sun The Register · Tobias Mann
- Exclusive: SpaceX, xAI set share exchange ratio at 0.1433, source says Reuters · Echo Wang
- Elon Musk announces SpaceX's acquisition of AI startup xAI Verdict · BV Swagath
- Musk's SpaceX acquires xAI in largest M&A deal ever France 24
- SpaceX acquires xAI for $125bn as Musk bets AI compute will move to space within 3 years Capacity · Saf Malik
- Palantir Is a Rare AI Software Success. Markets Need More of Them. Barron's Online
- SpaceX and xAI Merger Creates $1.25 Trillion Company With Bitcoin Holdings Blockonomi · Trader Edge
- SpaceX and xAI: A merger of ambition, optics, and unanswered questions The Next Web · Ana-Maria Stanciuc
- SpaceX acquires xAI in record-setting deal Oman Observer
- SpaceX Is Becoming a Trillion-Dollar AI Company Barron's Online · Al Root
- SpaceX acquires xAI in record-setting deal valued at over $1T Fox Business
- The Morning After: Elon Musk's SpaceX is buying his AI company, xAI Engadget · Mat Smith
- The new rules of finance, courtesy of Elon Musk Financial Times
- Four theories about the SpaceX - xAI merger Marcus on AI · Gary Marcus
- Elon Musk's SpaceX Is Acquiring xAI With Big Plans for Data Centers in Space CNET · Omar Gallaga
- The SpaceX-xAI Merger Isn't About Data Centers in Space. It's About Bailing Out Musk's Biggest Gamble Inc · Jason Aten
- Elon Musk merges money-losing xAI into SpaceX before mega IPO The Decoder · Matthias Bastian
Discussion
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@luke_metro
@luke_metro
on x
narrative violation: being a founding engineer at xAI was incredibly lucrative
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@bamabonds
Will Slaughter
on x
Elon rug-pulling SpaceX shareholders by diluting them out with $2 trillion plus of Tesla/Twitter funny money all while making himself the worlds first trillionaire via executive stock options is the greatest ever achievement in the the history of financial engineering.
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@deredleritt3r
Prinz
on x
Current SpaceX shareholders (including Google) are getting diluted from the xAI acquisition. Each xAI share is converting into 0.1433 shares of SpaceX stock. This should mean that Google's share in the combined company will likely be less than 14%, but let's wait and see until
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@louisgray
Louis Gray
on bluesky
Imagine being converted to .1433 shares with .142857 was right there. Just say 1/7th and move on. [embedded post]