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There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here t

There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here to be gained.

spullara 8mo ago
he is literally going to launch datacenters into space to train ai so they are a little related edit: these replies aren't going to age well
- brendoelfrendo 8mo ago
  No, he's not. And if he does, he's as big of an idiot as his detractors say that he is.
- relaxing 8mo ago
  No he is not. It makes no sense from a physics standpoint or an economic standpoint. And even if they were, it wouldn’t require whatever this acquisition is.
- fabian2k 8mo ago
  Yeah, I'm not buying that. I don't see how that could be any cheaper than regular datacenters. It might just be technically feasible, but launching stuff into space will always be more expensive than not launching stuff into space. And all those pesky technical issues like cooling might be solvable, but I doubt they're that cheap to solve.
- afavour 8mo ago
  He says he is going to launch data centers in space. We should all know better than to take him at his word on that by now.
- kelseyfrog 8mo ago
  You're right, but in this sense: literally (adverb) informal : in effect : virtually Used in an exaggerated way to emphasize a statement or description that is not literally true or possible. Ex: I literally died of embarrassment.
jaccola 8mo ago
Yeah but who can be hurt by this, these are both private companies? So whose interest is his "conflicting" with? I'm sure the shareholders will raise it with him and/or bring a lawsuit if they aren't happy (they probably are happy).
spiderice 8mo ago
Oh man, I sure hope he disclosed that
bko 8mo ago
How can you have a conflict of interest if they're entirely separate fields? They have different interests, so where's the conflict? You don't need synergies to justify a merger. They're often used as justification as in paying well above market price. But it has nothing to do with actual justification. You can just have a holding company of businesses
- shawabawa3 8mo ago
  The conflict of interests here is the conflict between musks interests and the other shareholders interests

There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here to be gained.

spullara 8mo ago

he is literally going to launch datacenters into space to train ai so they are a little related edit: these replies aren't going to age well

brendoelfrendo 8mo ago
No, he's not. And if he does, he's as big of an idiot as his detractors say that he is.
relaxing 8mo ago
No he is not. It makes no sense from a physics standpoint or an economic standpoint. And even if they were, it wouldn’t require whatever this acquisition is.
fabian2k 8mo ago
Yeah, I'm not buying that. I don't see how that could be any cheaper than regular datacenters. It might just be technically feasible, but launching stuff into space will always be more expensive than not launching stuff into space. And all those pesky technical issues like cooling might be solvable, but I doubt they're that cheap to solve.
afavour 8mo ago
He says he is going to launch data centers in space. We should all know better than to take him at his word on that by now.
kelseyfrog 8mo ago
You're right, but in this sense: literally (adverb) informal : in effect : virtually Used in an exaggerated way to emphasize a statement or description that is not literally true or possible. Ex: I literally died of embarrassment.

jaccola 8mo ago

Yeah but who can be hurt by this, these are both private companies? So whose interest is his "conflicting" with? I'm sure the shareholders will raise it with him and/or bring a lawsuit if they aren't happy (they probably are happy).

spiderice 8mo ago

Oh man, I sure hope he disclosed that

bko 8mo ago

How can you have a conflict of interest if they're entirely separate fields? They have different interests, so where's the conflict? You don't need synergies to justify a merger. They're often used as justification as in paying well above market price. But it has nothing to do with actual justification. You can just have a holding company of businesses

shawabawa3 8mo ago
The conflict of interests here is the conflict between musks interests and the other shareholders interests