this post was submitted on 18 Jun 2026
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[–] pennomi@lemmy.world 1 points 4 hours ago* (last edited 4 hours ago) (1 children)

In what way is a tax a purchase? It’s ownership but not purchase.

The government, on threat of imprisonment, says give us your stock. No money changes hands, only the AI companies lose.

[–] XLE@piefed.social 2 points 4 hours ago* (last edited 4 hours ago)

Neat. The government gets a 50% stake in only the Grok part of SpaceX, not the profitable parts of it... And then the government has an incentive to help Grok profit.

This is bad because it seems like

  • Elon Musk remains untaxed on the profitable parts of his company
  • the government is incentivized to build Grok more poison methane turbines to pump its share value