this post was submitted on 03 Feb 2026
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411
Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company (www.wired.com)
submitted 2 days ago by some_guy@lemmy.sdf.org to c/technology@lemmy.world
202 comments fedilink hide all child comments
 

In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.

This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.

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[–] puppinstuff@lemmy.ca 24 points 1 day ago (2 children)

One day soon he’ll run out of companies to eat each other and the creditor bill will come due.

[–] Threeme2189@sh.itjust.works 8 points 1 day ago (1 children)

I wonder which American taxpayers will foot the bill?

[–] puppinstuff@lemmy.ca 7 points 1 day ago (1 children)

All of them!

Because the rich can’t technically be taxpayers if they don’t pay in the first place.

[–] RamRabbit@lemmy.world 1 points 15 hours ago* (last edited 15 hours ago) (1 children)

Odd to say that while referring to Musk, a person who famously paid the most taxes by any individual ever in a year; over >$10B in a single year.

[–] puppinstuff@lemmy.ca 2 points 13 hours ago

I don’t think that what he’s famous for.

Meanwhile, Elon Musk’s company avoided almost all federal income tax on over $12 billion of U.S. income over the past three years

This is following the rules because the rules are written by the rich to benefit the rich. Countries need wealth taxes and more equitable policies on unrealized gains.