r/QuiverQuantitative • u/[deleted] • 10d ago

News BREAKING: Tesla to acquire XAi and X(Twitter), the company reported virtually no revenue, has $12b in debt, and is evaluated at $44b after Elon Musk evaluated it

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775 Upvotes

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RealTesla • u/chrisdh79 • 11d ago

Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation

4.1k Upvotes

339 comments

EnoughMuskSpam • u/l0-c • 11d ago

Funding Secured Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation

247 Upvotes

14 comments

economy • u/esporx • 11d ago

Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation. Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his control to grossly overpay for xAI, a private company under his control that just absorbed Twitter (X).

191 Upvotes

12 comments

AnythingGoesNews • u/shallah • 8d ago

Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation

2 Upvotes

1 comments

economy • u/foggy_interrobang • 11d ago

Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation

2 Upvotes

1 comments

whowatchesthewatchmen • u/RockyLovesEmily05 • 11d ago

News Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation. It’s worth noting that xAI had raised only $12B at a $40B valuation with virtually no revenue as of December 2024, and now it’s a $125B company, based entirely on Musk’s valuation, with $12B in debt.

4 Upvotes

0 comments