In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.
Someone needed a distraction from his name appearing all over the Epstein files
“…creating the world’s most overvalued private company.”
FTFY.
The government will not let SpaceX fail, it’s a strategic asset and Musk knows this. He is going to tie his Xai to it and saddle it with all the debt it is incurring. When the AI bubble pops he will be able to ask for bail outs to keep SpaceX afloat.
Companies that are too big to fail and need a bail out, should be automatically nationalised.
“B-b-but that will stifle innovation!”
It will most certainly stifle innovative ways to leech more profit while the taxpayer is left holding the bag.
Ah, who am I kidding? They’ll find something new. It will just spark more innovation.
*Automatically nationalized and leadership at those companies should be investigated and tried for fraud.
These CEOs need to take accountability not a golden parachute. They know when a business is failing and when they are defrauding investors and the public.
That the reason behind all the AI datacenters in space hubub? Makes sense. The usual “subsidize the losses” strategy.
I could have seen the opposite, too, where xAI pays spaceX gobs of money for tons of datacenter launches in advance, bubble pops, xAI goes under and spaceX still has the money. But ya I think this is “the govt won’t let spaceX fail, pile all the riskiest shit into that”
Bullshit. He’s playing move the debt around.
Absolutely. And if the AI market takes a hit it will barely affect a government contracted space program that will get a taxpayer funded bailout if it has any trouble at all.
In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
Lololololol
Dumbass McScammer at it again. His starship still can’t even bring a fucking banana to LEO but sure, pets move entire datacenters there.
He has lied about everything for decades now, this too, ain’t gonna happen.
We NEED Datacenters in SPACE so we can Make Better CHILD PORN with GROK!
hopefully his shitty AI will tank his nazi rockets. one can only hope.
Valuable to whom?
One day soon he’ll run out of companies to eat each other and the creditor bill will come due.
deleted by creator
Company with largest stock valuation
=/=
Most valuable company
Hide the company losing money in the company making money. He has done this before.
And I’m sure this has nothing to do with grok on X creating CA.
Doesn’t this have the potential to backfire in light of things like the lawsuits in France? Before just xAI would have been liable, but now isn’t SpaceX is also liable for generative AI CP?
Works for me. Take them all down.
Datacenters on the bottom of the sea are useless because of the difficulties of hardware maintenance and the snake oil salesman is trying to sell out space datacenters now.
What advantage does space provide at all?
You have to transport heavy great into a place with no cooling capacity… What?
No advantage, in fact a massive disadvantage.
Fascists lie.
Space X should be confiscated and rolled into NASA. We the American taxpayers pay for this lunatic nonsense because of Reagan and the neoliberal that followed. all the profits are privatized and funneled to a South African Zionist Nazi pedofile. When the US had public services everything wasn’t a scam like it is now. Using our tax dollars to “privatize” everything is what ruined the country
