Elon’s company acquires another of Elon’s companies. In layman's terms: money is going from the wallet to the pocket. But in my opinion, this is a strategic and clever business maneuver. Since SpaceX is planning to go public, after the IPO following the xAI acquisition, SpaceX will have two.
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Elon’s company acquires another of Elon’s companies. In layman's terms: money is going from the wallet to the pocket. But in my opinion, this is a strategic and clever business maneuver. Since SpaceX is planning to go public, after the IPO following the xAI acquisition, SpaceX will have two.