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Joined 3 years ago
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Cake day: June 19th, 2023

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  • His shitty ai company (xAI) bought Twitter in a huge bullshit valuation, then SpaceX bought xAI in a huge bullshit valuation. Both companies have only ever lost gobs of money under his control. And now that SpaceX has filed to IPO, we’ve seen that not even SpaceX was ever profitable, even before being saddled with two loser, completely-unrelated companies.

    Mark my words, this Frankenstein SpaceX will IPO and be propped up by instant inclusion in the S&P 500, then get bought by Tesla (his only profitable company, for now) and that will be called the “biggest merger in history”. This will trigger Musk’s trillion-dollar pay package, which dilutes Tesla stock and gives him majority control, leaving investors holding stock that is now worth much less. So, he’ll end up with this big mess of a company called Tesla and have fleeced every person with a 401(k), IRA, or pension to the tune of a trillion dollars. This will all happen within a year, sooner if possible to avoid scrutiny from a possibly Blue congress.