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thinkcontextyesterday at 10:05 PM1 replyview on HN

I wonder if this has more to do with XAi than SpaceX. He recently had SpaceX invest $2B into XAi due to the AI arms race. If SpaceX had unneeded cash sitting around why raise money now?


Replies

JumpCrisscrossyesterday at 10:10 PM

> why raise money

"SpaceX is kicking off a secondary share sale." It isn't raising money, it's letting insiders sell. In the past, SpaceX has been a net buyer of its shares in such tenders.