1) "Musk acquired Twitter for $44 billion in 2022, and later changed the name to X. It’s totally insane to say the company is worth $33 Billion today."
The most egregious thing is xAI's valuation of $80b, particularly given that most, if not all, of xAI's training data came from X itself.
Normally, X shareholders would sue Elon over this, but I doubt the billionaire friends who invested in X want to offend Trump's first buddy and the world's richest man. Elon will most likely get away with hosing those who help him buy Twitter.
2) "Where is the SEC when you need them?"
The SEC is controlled by Trump who is heavily influenced by Elon, so it's extremely unlikely they would oppose this deal in any way. The cronyism in the US today is incredible.
If the AI infrastructure capex turns out to be underwhelming for ROI, the poor strategy here could result in a full-fledged deep learning winter. It could be one of the greatest wastages of capital in American technological history.
On the whole I find China a lot more diversified and how it's investing in innovation on multiple levels and not Moon shots based on hype.
This isn’t just about consolidation. It’s about mutation. Elon Musk is fusing media, AI infrastructure, and direct state influence into a single entity that bypasses democratic mechanisms entirely—not to serve the public, but to entrench private power.
The blending of xAI and X isn’t clever strategy—it’s strategic enclosure. A billionaire capturing the digital commons, converting it into an ideological filtration system, and shielding it with legal obfuscation. The merger isn’t just dodging taxes—it’s dodging accountability.
This is the evolution of the Robber Baron model: full-spectrum influence across communication, cognition, and control. And it’s exactly why international mechanisms must activate. Sanctions need to be directed at the oligarchs driving collapse—not just Musk, but the boards, executives, investors, and enablers sustaining this system. The International Criminal Court must extend whistleblower protections to those trying to expose this convergence from inside.
This is bigger than corruption. It’s civilization capture in real time.
1) "Musk acquired Twitter for $44 billion in 2022, and later changed the name to X. It’s totally insane to say the company is worth $33 Billion today."
The most egregious thing is xAI's valuation of $80b, particularly given that most, if not all, of xAI's training data came from X itself.
Normally, X shareholders would sue Elon over this, but I doubt the billionaire friends who invested in X want to offend Trump's first buddy and the world's richest man. Elon will most likely get away with hosing those who help him buy Twitter.
2) "Where is the SEC when you need them?"
The SEC is controlled by Trump who is heavily influenced by Elon, so it's extremely unlikely they would oppose this deal in any way. The cronyism in the US today is incredible.
If the AI infrastructure capex turns out to be underwhelming for ROI, the poor strategy here could result in a full-fledged deep learning winter. It could be one of the greatest wastages of capital in American technological history.
On the whole I find China a lot more diversified and how it's investing in innovation on multiple levels and not Moon shots based on hype.
This isn’t just about consolidation. It’s about mutation. Elon Musk is fusing media, AI infrastructure, and direct state influence into a single entity that bypasses democratic mechanisms entirely—not to serve the public, but to entrench private power.
The blending of xAI and X isn’t clever strategy—it’s strategic enclosure. A billionaire capturing the digital commons, converting it into an ideological filtration system, and shielding it with legal obfuscation. The merger isn’t just dodging taxes—it’s dodging accountability.
This is the evolution of the Robber Baron model: full-spectrum influence across communication, cognition, and control. And it’s exactly why international mechanisms must activate. Sanctions need to be directed at the oligarchs driving collapse—not just Musk, but the boards, executives, investors, and enablers sustaining this system. The International Criminal Court must extend whistleblower protections to those trying to expose this convergence from inside.
This is bigger than corruption. It’s civilization capture in real time.
Very interesting comment Eric thanks for this.
Musk has said the government will go after Tesla critics? https://futurism.com/musk-government-go-after-tesla-critics
Does that mean any journalists covering Tesla and Elon Musk's various kinds of fraud and conflicts of interest as well?
That is what a fascist would say.
The DOGE bros have a plan, but is it good for America?
The plutocrats see no value in nation states or those who cling to such quaint relics.
What a dumbass hate driving biased article
Musk is copying the idea from Google funding the corrupt Bidens / Dems on a massive scale
Thoughts on Elon’s high contempt ways of engaging with opponents https://defusingamericananger.substack.com/p/the-polarization-of-elon-musk-and