In a normal world, #SpaceX acquiring #xAI would make no sense. But with this deal #Musk has given the #X- #Twitter backers an exit route, through the fabled SpaceX IPO. This, along with the sizeable investment that #Tesla made into xAI.
This is basically Elon patching up a company, that wasn’t working, with his other assets. Something that should have investors twitchy, but in this hype-driven ecosystem probably won’t. If the IPO fails it would be a house of cards. Will it collapse?