You forgot to consider whether all this is worth $60B.
$1B to $2B ARR in a few months with projection of $6B ARR by years end. If xAi wants to have it's own tools just like OpenAI and Anthropic, then it's not an unusual move.
it's not dollars it's X bucks
> forgot to consider whether all this is worth $60B
I see two possibilities:
(1) SpaceX is paying with stock; and
(2) the $60bn pay-out is (a) conditional or (b) never going to be exercised—it was a stalking horse for negotiating the $10bn terms, which gives SpaceX everything it actually wants.