this post was submitted on 03 Feb 2026
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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.

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[–] tate@lemmy.sdf.org 25 points 1 day ago

Company with largest stock valuation

=/=

Most valuable company

[–] skozzii@lemmy.ca 11 points 1 day ago

Bobs : “What is it you do?”

Elon : "Well--well look. I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people. Can't you understand that? What the hell is wrong with you people? "

[–] phoenixz@lemmy.ca 35 points 1 day ago (2 children)

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.

[–] PattyMcB@lemmy.world 3 points 1 day ago (2 children)

Not to mention the MASSIVE drawbacks to having data centers in space. The guy is going to ruin SpaceX, too.

[–] Soggy@lemmy.world 3 points 1 day ago

I'm really trying to think of a single upside to putting it in space. Unfiltered solar power, does that matter at all? Not that you would ever break even on the cost.

[–] boogiebored@lemmy.world 2 points 1 day ago (1 children)

Imagine his dumb goober voice

“Ackshually - it’s it’s it’s quite cool in space - practically near a useful enough temperature for graphic processing units to dissipate heat”

[–] PattyMcB@lemmy.world 1 points 1 day ago (1 children)

Lol yeah... not how that works at all

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[–] anon_8675309@lemmy.world 46 points 2 days ago (1 children)

Bullshit. He’s playing move the debt around.

[–] RememberTheApollo_@lemmy.world 17 points 2 days ago (3 children)

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.

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[–] Itdidnttrickledown@lemmy.world 4 points 1 day ago (1 children)
[–] deltapi@lemmy.world 2 points 1 day ago* (last edited 1 day ago) (1 children)

100%. They've announced the plans for SpaceX to have an IPO, this will basically eliminate all of his losses even if they just shut down xAI immediately following acquisition (which they won't do just yet, because people are still bag holding AI investments.)
This guy might be a dumb fuck, but he's the smartest dumb fuck in the billionaire game.

Edit: Some of his capital investors might have told him that they want out of xAI because they see where the wind is blowing. This gets them out with profit if they pull it off fast enough.
This (SpaceX IPO) is going to be a massive rug pull, for the 2nd round of public traders and I bet that he's got structure in place to ensure that even after selling billions of dollars of shares he still holds 51% or some shit, or that his annual compensation is $0+1% of the company.
10 years ago I would have bought into a SpaceX IPO. Not today.

I don't think he is dumb. He is without decency though. He doesn't care who he hurts and I have no doubt he will hurt a lot of people in the future.

[–] HumanOnEarth@lemmy.ca 9 points 1 day ago (2 children)

No one has said this is how Elysium starts?

This is how Elysium starts.

[–] dual_sport_dork@lemmy.world 7 points 1 day ago

Elysium actually had some semblance of working technology, though.

[–] VindictiveJudge@lemmy.world 2 points 1 day ago

Something something torment nexus something something.

[–] Alloi@lemmy.world 3 points 1 day ago

great place to store the expensive child porn generators. far away in space, where a molotov can never reach.

i fucking hate this timeline.

[–] Taleya@aussie.zone 16 points 1 day ago (3 children)

What if we put the pedophilia...in space??

[–] YeahIgotskills2@lemmy.world 3 points 1 day ago

Better check the capsule for kids first... "this is the one thing we didn't want to happen"

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[–] SabinStargem@lemmy.today 9 points 1 day ago

This seems like a good way to turn a golden goose into a turducken. Elon really needed some of Aesop's fables in his upbringing.

[–] ZILtoid1991@lemmy.world 18 points 2 days ago

How long until he rebrands Tesla to X Automobiles?

Naming everything to "X" is a cartoon villain move, except we don't have a superhero to fight him.

[–] dancroissant@lemmy.world 9 points 2 days ago

It's all a scam that would be investigated in normal times. Tesla's cars and robots will need AI to function (albeit xAI seems to be failing spectacularly), and xAI is hemorrhaging cash, but he loses leverage over Tesla's board if the AI division went to the Tesla. SpaceX investors should be pissed they're going to be carrying it now, and Tesla investors should be pissed as well.

[–] phoenixz@lemmy.ca 4 points 1 day ago

And it will all come crashing down

[–] elrik@lemmy.world 11 points 2 days ago

If xAI disappeared tomorrow, literally nothing of value would have been lost. I'm not sure who would even notice immediately as I still have never met a single human being in real life who personally uses X.

[–] Blackmist@feddit.uk 5 points 1 day ago

But that was the one place that hadn't been corrupted by capitalism!

[–] cv_octavio@piefed.ca 25 points 2 days ago

Lol "Valuable" ooookay then

[–] puppinstuff@lemmy.ca 25 points 2 days ago (2 children)

One day soon he’ll run out of companies to eat each other and the creditor bill will come due.

[–] Threeme2189@sh.itjust.works 9 points 2 days ago (1 children)

I wonder which American taxpayers will foot the bill?

[–] puppinstuff@lemmy.ca 7 points 2 days ago (2 children)

All of them!

Because the rich can’t technically be taxpayers if they don’t pay in the first place.

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[–] sturmblast@lemmy.world 31 points 2 days ago

Valuable to whom?

[–] cyberwolfie@lemmy.ml 44 points 2 days ago (20 children)

Can we also take a moment to acknowledge how utterly unhinged this part is?

"This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!"

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[–] cronenthal@discuss.tchncs.de 126 points 3 days ago (3 children)

Financial trickery is what this is. Rolling one failing business into the next, Tesla will follow soon. It's incredible that this is even legal, but of course nothing matters anymore in Trump's America.

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[–] BioDriver@lemmy.world 145 points 3 days ago (1 children)

Someone needed a distraction from his name appearing all over the Epstein files

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[–] Etterra@discuss.online 10 points 2 days ago (1 children)

@Grok the primary fuel flow regulator is showing a red light, what's wrong with it?

[–] PattyMcB@lemmy.world 2 points 1 day ago

I'm sorry Dave. I can't do that.

[–] UnderpantsWeevil@lemmy.world 1 points 1 day ago

Strapping a lead albatross to your space program is certainly a choice

“Valuable”

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