Summarizer

Twitter/X Financial Health

The financial state of X (formerly Twitter) is frequently cited as the root cause of the merger. Commenters speculate that the debt load from the Twitter acquisition is unsustainable, necessitating a bailout via the cash-rich or high-valuation SpaceX entity to prevent a collapse that would hurt Musk's reputation and net worth.

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I really find the goalpost moving is shocking.. Paypal is in no way a Musk creation, no one makes that claim and in fact they got rid of him quite quickly. X has plummeted in value, and is worth a fraction of what he paid for it? How is this "pulling it off" by shrinking the user base, revenue, etc? While we don't have publicly audited figures, they announced a net loss for the first three quarters of 2025, while it posted profits prior to his purchase. FSD isn't even real? Why would you cite a feature that doesn't actually exist as an example of "Elon pulling it off"? He promised FSD would be available over a decade ago, and it's still not real. > How many examples does it take before people start taking the guy seriously? I'd personally settle for real examples, and not the false ones cited above.
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The deal they made values xAI at $230 Billion. It’s a made up number, with no trustworthy financial justification to back it up. It is set to provide a certain return to xAI’s investors (the valuation decides the amount you get per share), who in turn are bailing out the earlier acquisition of X (Twitter). All of this is basically a shell game where Elon is using one company to bail out another. It’s a way of reducing the risk of new ventures by spreading them out between his companies. It’s also really bad for SpaceX employees and investors, who are basically subsidizing other companies. The thing is, everyone knows Elon is not a real CEO of any of these companies. There isn’t enough time to even be the CEO of one company and a parent. This guy has 10 companies and 10 children. He’s just holding the position and preventing others from being in that position, so he can enact changes like this. And his boards are all stacked with family members, close friends, and sycophants who won’t oppose his agenda.
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> Twitter had basically no downtime since he bought it I'm sorry, but what? Not only has it had multiple half days of downtime, two full days+, but just two weeks ago had significant downtime. https://www.thebiglead.com/is-x-down-twitter-suffers-major-o...
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I went looking through your comments. 75% of them (and probably 90% in the lasst 2 years) were Elon related. Tesla, SpaceX, Grok, Twitter, DOGE, etc. Quite a lot of comments for 101 karma if I'm being real. Why do you feel this kneejerk reaction to defend Elon and his companies? You'll never be him. He doesn't care about you. He'd use you for reactor shielding for an uptick in Tesla share price without a second's hesitation. This is cultish behavior. Do you have any idea who you're defending? I'll give you just one example. A right-wing influencer named Dom Lucre uploaded CSAM to Twitter, a video. But he didn't just upload it. He watermarked it first so had it on his computer and then postporcessed it. It was I believe up for days. This was apparently a video so bad that mere possession should land you in prison. And the fact that the FBI didn't arrest him basically tells you he'd an FBI asset. After taking days to ban him, Elon personally intervened to unban him. Why? Because reasons. And this is the same man who it's becoming clear was deeply linked with Jeffrey Epstein, as was his brother [1]. Bringing this back to the original point: this is why Twitter lost 80% of its value after Elon acquired it. Advertisers fled because it became a shithole for CSAM and Nazis. As for "basically no downtime" that's hilarious. I even found you commenting the classic anecdote "it was fine for me" (paraphrased) on one such incident when Twitter DDOSed itself [2]. Your cultish devotion here is pretty obvious eg [3]. I'm genuinely asking: what do you get out of all this? [1]: https://www.axios.com/local/boulder/2026/02/02/kimbal-musk-j... [2]: https://news.ycombinator.com/item?id=36555897 [3]: https://news.ycombinator.com/item?id=42836560
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Ok but what if I shoot a car into space and buy my own social media company. Surely thats a better use of billions!