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Musk has sold Twitter/X

Posted on 3/28/25 at 8:03 pm
Posted by DesScorp
Alabama
Member since Sep 2017
8619 posts
Posted on 3/28/25 at 8:03 pm
Posted by EastWestConnection
Denver/Shenzhen/Belfast
Member since Jul 2024
253 posts
Posted on 3/28/25 at 8:05 pm to
he sold it to a company he owns?
Posted by OWLFAN86
Erotic Novelist
Member since Jun 2004
189917 posts
Posted on 3/28/25 at 8:05 pm to
did nazi that coming
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130728 posts
Posted on 3/28/25 at 8:06 pm to
Sold it to himself. Focusing on DOGE
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
16572 posts
Posted on 3/28/25 at 8:07 pm to
Posted by lynxcat
Member since Jan 2008
24749 posts
Posted on 3/28/25 at 8:09 pm to
I suspect this gives him the legal rights to train Grok on X data without any interference. He can fully integrate those teams now that they are under a single legal entity. It also gives owners of X exposure to Xai financially.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
31030 posts
Posted on 3/28/25 at 8:11 pm to
quote:

I suspect this gives him the legal rights to train Grok on X data without any interference.


They’re both private companies, I don’t know what legal hurdles he would have either way.

I believe he bought X with his own money. Xai has raised a shite ton of money although he’s still the majority owner and CEO. I suspect this gets X and its debt off his personal books and rolls it up with Xai where he has a shite ton less exposure
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
16572 posts
Posted on 3/28/25 at 8:16 pm to
That's what it sounds like with some additional strategic positioning:


This post was edited on 3/28/25 at 8:17 pm
Posted by billjamin
Houston
Member since Jun 2019
15200 posts
Posted on 3/28/25 at 8:18 pm to
quote:

I believe he bought X with his own money.

quote:

The funding included $7 billion of senior secured bank loans; $6 billion in subordinated debt; $6.25 billion in bank loans to Musk personally, secured by $62.5 billion of his Tesla stock; $20 billion in cash equity from Musk, to be provided by sales of Tesla stock and other assets; and $7.1 billion in equity from 19 independent investors
quote:

I suspect this gets X and its debt off his personal books and rolls it up with Xa

Only if the banks who hold the debt, mainly Morgan Stanley in this case, agreed to that which I highly doubt.
Posted by TooFyeToFly
Atlanta, Georgia
Member since Nov 2012
1734 posts
Posted on 3/28/25 at 8:18 pm to
It's probably been said here already, but the guy is a nazi
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
151065 posts
Posted on 3/28/25 at 8:20 pm to
quote:

the guy is a nazi
I did see that coming
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
75163 posts
Posted on 3/28/25 at 8:22 pm to
quote:

It's probably been said here already, but the guy is a nazi


Maybe if you're a fricking moron. Should he have trolled, obviously not, but you'd have to be an absolute moron to think he's actually a Nazi.
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
16572 posts
Posted on 3/28/25 at 8:24 pm to
quote:

It's probably been said here already, but the guy is a nazi


quote:

TooFyeToFly


Post history is exactly what you'd expect to see. You can't make this shite up

Posted by roadkill
East Coast, FL
Member since Oct 2008
2038 posts
Posted on 3/28/25 at 8:28 pm to
quote:

It's probably been said here already, but the guy is a nazi


Ah yes, yet another member of the low-IQ, leftist filth (redundant) mob publicly self-identifying....
Posted by DarkDrifter
Louisiana
Member since Aug 2011
4173 posts
Posted on 3/28/25 at 8:28 pm to
quote:

It's probably been said here already, but the guy is a nazi


Hope this is sarcasm, if not you're fricking retarded
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47403 posts
Posted on 3/28/25 at 8:35 pm to
quote:

Sold it to himself. Focusing on DOGE


Interview yesterday said he would be done with cuts by end of May
Posted by PurpleandGold Motown
Birmingham, Alabama
Member since Oct 2007
23164 posts
Posted on 3/28/25 at 8:36 pm to
So, he bought X (one of the largest social media platforms in the world) to train his AI and then merged the companies. Smart.


ETA: And he got to read Amber Heard's DMs.
This post was edited on 3/28/25 at 8:37 pm
Posted by MyRockstarComplex
The airport
Member since Nov 2009
4477 posts
Posted on 3/28/25 at 8:37 pm to
quote:

Hope this is sarcasm, if not you're fricking retarded


Nazi or not, a compelling case could still be made that he might be the Antichrist. That’s not an anti-Musk statement either, you can just make some links.

- he wants to make X the everything app including banking.
- X is the anti-cross
- he’s putting chips in people that will bring us to the next level of humanity
- if he makes both of those things happen, you won’t be able to function in society with his brand
- according to Jim Jeffries, South Africans are vile and disgusting humans
- I remember more when I drink coffee
Posted by stout
Porte du Lafitte
Member since Sep 2006
175996 posts
Posted on 3/28/25 at 8:47 pm to
Posted by mmmmmbeeer
ATL
Member since Nov 2014
8885 posts
Posted on 3/28/25 at 8:48 pm to
quote:

I suspect this gives him the legal rights to train Grok on X data


I mean, what better place to train an AI model than on Xwitter?



Lord help us.
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