this post was submitted on 03 Feb 2026
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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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[–] Alloi@lemmy.world 2 points 7 hours ago

great place to store the expensive child porn generators. far away in space, where a molotov can never reach.

i fucking hate this timeline.

[–] skozzii@lemmy.ca 11 points 11 hours ago

Bobs : “What is it you do?”

Elon : "Well--well look. I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people. Can't you understand that? What the hell is wrong with you people? "

[–] Itdidnttrickledown@lemmy.world 3 points 8 hours ago (1 children)
[–] deltapi@lemmy.world 1 points 4 hours ago* (last edited 3 hours ago)

100%. They've announced the plans for SpaceX to have an IPO, this will basically eliminate all of his losses even if they just shut down xAI immediately following acquisition (which they won't do just yet, because people are still bag holding AI investments.)
This guy might be a dumb fuck, but he's the smartest dumb fuck in the billionaire game.

Edit: Some of his capital investors might have told him that they want out of xAI because they see where the wind is blowing. This gets them out with profit if they pull it off fast enough.
This (SpaceX IPO) is going to be a massive rug pull, for the 2nd round of public traders and I bet that he's got structure in place to ensure that even after selling billions of dollars of shares he still holds 51% or some shit, or that his annual compensation is $0+1% of the company.
10 years ago I would have bought into a SpaceX IPO. Not today.

[–] tate@lemmy.sdf.org 25 points 15 hours ago

Company with largest stock valuation

=/=

Most valuable company

[–] UnderpantsWeevil@lemmy.world 1 points 8 hours ago

Strapping a lead albatross to your space program is certainly a choice

[–] boogiebored@lemmy.world 1 points 8 hours ago

Incredible there are people dumber than him giving him money when he says things like this. He is an absolute conman.

THERE’S NO INTERNET ON MARS

[–] HumanOnEarth@lemmy.ca 9 points 15 hours ago (2 children)

No one has said this is how Elysium starts?

This is how Elysium starts.

[–] VindictiveJudge@lemmy.world 2 points 9 hours ago

Something something torment nexus something something.

[–] dual_sport_dork@lemmy.world 6 points 13 hours ago

Elysium actually had some semblance of working technology, though.

[–] m3t00@lemmy.world 1 points 9 hours ago

a good salesman would ride an ai guided rocket to mars.

[–] Widdershins@lemmy.world 1 points 9 hours ago

One day we'll be shooting satellites out of the sky for sport

[–] m3t00@lemmy.world 1 points 9 hours ago

smoke screen. expect some mirrors

[–] phoenixz@lemmy.ca 34 points 20 hours ago (2 children)

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.

Lololololol

Dumbass McScammer at it again. His starship still can't even bring a fucking banana to LEO but sure, pets move entire datacenters there.

He has lied about everything for decades now, this too, ain't gonna happen.

[–] PattyMcB@lemmy.world 3 points 9 hours ago (2 children)

Not to mention the MASSIVE drawbacks to having data centers in space. The guy is going to ruin SpaceX, too.

[–] Soggy@lemmy.world 3 points 9 hours ago

I'm really trying to think of a single upside to putting it in space. Unfiltered solar power, does that matter at all? Not that you would ever break even on the cost.

[–] boogiebored@lemmy.world 2 points 8 hours ago (1 children)

Imagine his dumb goober voice

“Ackshually - it’s it’s it’s quite cool in space - practically near a useful enough temperature for graphic processing units to dissipate heat”

[–] PattyMcB@lemmy.world 1 points 8 hours ago (1 children)

Lol yeah... not how that works at all

[–] boogiebored@lemmy.world 1 points 8 hours ago

No seriously trust him he is going to build automatic driving cars for robots that are going to be catapulted to space with the skills to create networks and datacenters that can transmit with useable latency across the void of space so we can get ads for the McDonalds app on his totally cool microblogging website all powered by the sun.

The earth will be a fireball, but the McDonalds will be only 99% or less microplastic.

[–] anon_8675309@lemmy.world 45 points 23 hours ago (1 children)

Bullshit. He’s playing move the debt around.

[–] RememberTheApollo_@lemmy.world 17 points 22 hours ago (1 children)

Absolutely. And if the AI market takes a hit it will barely affect a government contracted space program that will get a taxpayer funded bailout if it has any trouble at all.

[–] JcbAzPx@lemmy.world 3 points 18 hours ago (1 children)

They don't always bail them out. Sometimes they force sell them to their competitors.

[–] RememberTheApollo_@lemmy.world 4 points 16 hours ago (1 children)

The richest man on Earth will absolutely get a bailout on our dime and not spend a cent of his net worth.

[–] rumba@lemmy.zip 1 points 13 hours ago

Yup. Who's in charge of determining if he gets bailed out? How much money does each of them need to say yes?

Oh, they won't take money? What influence does he need to buy?

For the amount of money he's set to get, there's noone that'll turn down a nice gift of some sort.

[–] SabinStargem@lemmy.today 9 points 18 hours ago

This seems like a good way to turn a golden goose into a turducken. Elon really needed some of Aesop's fables in his upbringing.

[–] Taleya@aussie.zone 16 points 21 hours ago (2 children)

What if we put the pedophilia...in space??

[–] PattyMcB@lemmy.world 1 points 9 hours ago (1 children)

It's not illegal there?

Ugh... I can't believe i actually typed that out

[–] Taleya@aussie.zone 1 points 7 hours ago

I'm...actually not sure how the rules would apply, how far up various airspaces go or if it's an Antarctica kinda deal.

Pretty sure he'd been violating all sorts of human trafficking laws tho

[–] YeahIgotskills2@lemmy.world 3 points 13 hours ago

Better check the capsule for kids first... "this is the one thing we didn't want to happen"

[–] phoenixz@lemmy.ca 4 points 16 hours ago

And it will all come crashing down

[–] Blackmist@feddit.uk 5 points 18 hours ago

But that was the one place that hadn't been corrupted by capitalism!

[–] dancroissant@lemmy.world 9 points 22 hours ago

It's all a scam that would be investigated in normal times. Tesla's cars and robots will need AI to function (albeit xAI seems to be failing spectacularly), and xAI is hemorrhaging cash, but he loses leverage over Tesla's board if the AI division went to the Tesla. SpaceX investors should be pissed they're going to be carrying it now, and Tesla investors should be pissed as well.

[–] ZILtoid1991@lemmy.world 18 points 1 day ago

How long until he rebrands Tesla to X Automobiles?

Naming everything to "X" is a cartoon villain move, except we don't have a superhero to fight him.

[–] RememberTheApollo_@lemmy.world 5 points 22 hours ago

“Valuable”

[–] elrik@lemmy.world 10 points 1 day ago

If xAI disappeared tomorrow, literally nothing of value would have been lost. I'm not sure who would even notice immediately as I still have never met a single human being in real life who personally uses X.

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