Company with largest stock valuation
=/=
Most valuable company
this post was submitted on 03 Feb 2026
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No one has said this is how Elysium starts?
This is how Elysium starts.
Elysium actually had some semblance of working technology, though.
And it will all come crashing down
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.
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.
Bullshit. He’s playing move the debt around.
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.
They don't always bail them out. Sometimes they force sell them to their competitors.
The richest man on Earth will absolutely get a bailout on our dime and not spend a cent of his net worth.
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.
What if we put the pedophilia...in space??
Better check the capsule for kids first... "this is the one thing we didn't want to happen"
But that was the one place that hadn't been corrupted by capitalism!
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.
“Valuable”
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.
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.
@Grok the primary fuel flow regulator is showing a red light, what's wrong with it?
Lol "Valuable" ooookay then
One day soon he’ll run out of companies to eat each other and the creditor bill will come due.
I wonder which American taxpayers will foot the bill?
All of them!
Because the rich can’t technically be taxpayers if they don’t pay in the first place.
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.
Valuable to whom?
Can we also take a moment to acknowledge how utterly unhinged this part is?
"This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!"
A couple short stories on the matter:
Is there a god? (Less than a page, but says it all)
Dwan Ev ceremoniously soldered the final connection with gold. The eyes of a dozen television cameras watched him and the subether bore throughout the universe a dozen pictures of what he was doing. He straightened and nodded to Dwar Reyn, then moved to a position beside the switch that would complete the contact when he threw it. The switch that would connect, all at once, all of the monster computing machines of all the populated planets in the universe -- ninety-six billion planets -- into the supercircuit that would connect them all into one supercalculator, one cybernetics machine that would combine all the knowledge of all the galaxies. Dwar Reyn spoke briefly to the watching and listening trillions. Then after a moment's silence he said, "Now, Dwar Ev." Dwar Ev threw the switch. There was a mighty hum, the surge of power from ninety-six billion planets. Lights flashed and quieted along the miles-long panel. Dwar Ev stepped back and drew a deep breath. "The honor of asking the first question is yours, Dwar Reyn." "Thank you," said Dwar Reyn. "It shall be a question which no single cybernetics machine has been able to answer." He turned to face the machine. "Is there a God?" The mighty voice answered without hesitation, without the clicking of a single relay. "Yes, now there is a God." Sudden fear flashed on the face of Dwar Ev. He leaped to grab the switch. A bolt of lightning from the cloudless sky struck him down and fused the switch shut.
(Fredric Brown, "Answer")
https://www.roma1.infn.it/~anzel/answer.html
Or
The Last Question - Isaac Asimov
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Space solar panels and datacenters is pure fraud. Merger is purely to ruin one established company with revenue, mostly government funded, with an anchor to sink it, but help mecha hitler control skynet.
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Putting AI datacenters in space has got to the be dumbest idea conceived by Elon yet. There has to be several dozen engineering challenges to even make that happen and when all is said and done it would make absolutely no financial sense to actually do it. This is just yet another attempt by Elon to hype up spacex for an IPO. It's a very poor attempt at that.
EDIT (1 day after initial comment): There is one angle I didn't think of yesterday but just dawned on me. Now that Twitter office was raided by authorities in France, perhaps Elon thinks he can put datacenters in space to get around the jurisdictions of countries. He might be thinking by putting datacenter in space that can beam data directly through starlink he can basically side step local law. He may think by having CSAM generating datacenters in space it can't be raided and be shut down easily by terrestrial law enforcement. Obviously this is not how law and law enforcement works but I think there is a decent chance Elon is dumb enough to think his idea would work.
yes but DNS is terrestrial, so you could just ban the web portals and apps on earth.
Yes you could VPN to a non-compliant country, but you can already do that without a spater spenter
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where is the regulation
Same place as the bill of rights.
Makes sense. Wants the bailouts when it all crashes, doesn't want terrestrial data center regulations so he can get away with whatever.
Definitely getting bail outs when it fails. Fucking plutocracy sucks, privatized profits, socialized losses.
Fucking, Wired.
Suck daddy harder, Wired.
Financial trickery is what this is. Rolling one failing business into the next, Tesla will follow soon. It's incredible that this is even legal, but of course nothing matters anymore in Trump's America.
this is it
supporting the share price long enough he can sell as much as possible
Is he actually selling shares? Imo this move might actually be more about gaining more control percentage wise.
Similar to how he increased his control when he folded Twitter into xAI (at a imo very favorable valuation for him), which gave him a larger share of the combined company.
If he merges space x and xAI (especially at a high valuation of the latter), he would own more of the combined company as he owns more of xAI then space x.
For me the only surprising thing is how existing shareholders seemingly just let him dictate these mergers and valuations. But I guess they face a dilemma where valuation depend so much on Elon that they have to play by his rules or risk loosing even more.
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