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sailfasttoday at 2:28 PM1 replyview on HN

I wouldn’t overthink the SpaceX / xAI thing. Seems to me it’s a pure financing play to blend two companies owned by the same guy that might look meh on their own to the market but have a compelling narrative about “future growth” together.

All so that the same guy who is already quite rich can continue to run his funny-up money roll-up machine, re-capitalize on a bunch of froth and leave other people holding the bag.


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simianwordstoday at 2:35 PM

what about Google? It's always the same tired thought ending cliches - companies with "bad" people do obviously "bad" thing to convince idiotic shareholders and prop up the bubble.

i keep seeing this same repeated trope again and again.

Edit: Elon, Sundar, Jensen, Jeff are all interested in this. Even China is.

What conspiracy is going on here to explain it? Why would they all put money into this if it is so obvious to all of you that it is not going to work?

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