Tea@programming.dev to Technology@lemmy.worldEnglish · edit-24 days ago'X' Marks xAI's Spot: xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion.spyglass.orgexternal-linkmessage-square25fedilinkarrow-up1154arrow-down116
arrow-up1138arrow-down1external-link'X' Marks xAI's Spot: xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion.spyglass.orgTea@programming.dev to Technology@lemmy.worldEnglish · edit-24 days agomessage-square25fedilink
minus-squareLupusBlackfur@lemmy.worldlinkfedilinkEnglisharrow-up107arrow-down1·4 days agoElmo finds yet another way to pad his perceived value… Sell shit companies (both of which you own) to yourself at exorbitantly inflated prices with “stock only” trades. And no accounting shall be had cause steal-ionnairs just can. 🙄 🤦♀️ 🤡 🖕 🖕
minus-squareturnip@sh.itjust.workslinkfedilinkEnglisharrow-up4·3 days agoBlame loose monetary policy, and QE that pumps money into risk assets. Tesla and Bitcoin have many things in common.
Elmo finds yet another way to pad his perceived value…
Sell shit companies (both of which you own) to yourself at exorbitantly inflated prices with “stock only” trades.
And no accounting shall be had cause steal-ionnairs just can.
🙄 🤦♀️ 🤡 🖕 🖕
Blame loose monetary policy, and QE that pumps money into risk assets. Tesla and Bitcoin have many things in common.