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He buys twitter at an inflated valuation. Runs it to the ground to a much lower valuation of $9B. [1] Then, his company Xai buys Twitter at a $33B, inflating th

He buys twitter at an inflated valuation. Runs it to the ground to a much lower valuation of $9B. [1] Then, his company Xai buys Twitter at a $33B, inflating the valuation up. Then SpaceX merges with Xai for no particular reason, but is expected to IPO at a $1T+ in the upcoming years. [3] I’m not that smart, but if I were, I would be thinking this is an extended way to move the losses from the Twitter purchase on to the public markets. [1] https://www.axios.com/2023/12/31/elon-musks-x-fidelity-valuation-cut https://www.axios.com/2023/12/31/elon-musks-x-fidelity-valua... [2] https://www.reuters.com/markets/deals/musks-xai-buys-social-media-platform-x-45-billion-2025-03-28/ https://www.reuters.com/markets/deals/musks-xai-buys-social-... [3] https://www.cnbc.com/amp/2026/02/02/elon-musk-spacex-xai-ipo.html https://www.cnbc.com/amp/2026/02/02/elon-musk-spacex-xai-ipo...

SilverElfin 9mo ago
It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. So bad that it literally resulted in Vivek Ramaswamy, a gubernatorial candidate in Ohio, to quit Twitter/X - nearly 100% of replies to his posts were from far right racists. Obviously advertisers have not been fans. And it is a dying business. But rather than it dying, Elon has found a clever (and probably illegal) way to make it so that SpaceX, which has national security importance, is going to prop up Twitter/X. Now our taxpayer dollars are paying for this outrageous social network to exist.
- RIMR 9mo ago
  I am with you 100%. It was easy to support SpaceX, despite the racist/sexist/authoritarian views of its owner, because he kept that nonsense out of the conversation. X is not the same. Elon is actively spewing his ultraconservative views on that site. Now that these are the same company, there's no separation. SpaceX is part of Musk's political mission now. No matter how cool the tech, I cannot morally support this company, and I hope, for the sake of society, it fails. This announcement, right after the reveal that Elon Musk reached out to Jeffrey Epstein and tried to book a trip to Little St. James so that he could party with "girls", really doesn't bode well. It's a shame you can't vote these people out, because I loved places like Twitter, and businesses like SpaceX and Tesla, but Elon Musk is a fascist who uses his power and influence to attack some of the most important pillars of our society.
  - jfreds 9mo ago
    You kinda can, just don’t make a Twitter account, don’t buy teslas, don’t use grok. Tell your friends
  - tasty_freeze 9mo ago
    > X is not the same. Elon is actively spewing his ultraconservative views on that site. I wonder if Musk would be willing to let a journalist do a deep dive on all internal communications in the same way he did when he took over twitter.
    - b40d-48b2-979e 9mo ago
      That was not a journalist.
  - Sparyjerry 9mo ago
    Elon is moderate at best. If a democrat supported cutting the budget, having an actual border to the country, and keeping men out of women's bathrooms you'd get Elon.
    - SilverElfin 9mo ago
      Check out his X feed. He regularly posts unhinged things about white culture, western values, etc that are supremacist and often, lifted from other supremacists. In the last year he became far more radicalized towards the far right. If it was just the things you said I might agree.
      - Sparyjerry 9mo ago
        It is just those things. He has never done anything at all ever that are white supremacist.
    - pavlov 9mo ago
      If you mean a 1950s Southern Democrat, then yes...
  - 9mo ago
- taurath 9mo ago
  I find HN and the tech circles to be one of the main community pillars holding up X. None of my social friends use it anymore, but links absolutely abound here, and it seems like the standard line is to pretend Elon, Grok, all the one button revenge and child porn etc don’t exist. I truly can’t fathom the amount of not thinking about it it would take to keep using the platform.
  - IhateAI 9mo ago
    Just use lists, "Your Followers" tab and never touch the "For You" tab and its basically the same as Twitter was 5 years ago.
    - happosai 9mo ago
      No it isn't, the sensible people you followed 5 years ago left and stopped posting. The "Your followers" feed is now just the terminally addicted and the angry demagogues.
  - tasty_freeze 9mo ago
    I have a blocker set up in my browser to prevent accidental clicks and sending any traffic to them when I'm not careful to check a given HN link to a posting. I've never had an account there (nor any of the popular social media networks) but I don't want to send even my few clicks their way.
  - spopejoy 9mo ago
    Sadly, journalists are super-addicted to X. They're a tentpole community for the platform at this point.
- cubefox 9mo ago
  > It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. Twitter also has more (not total, but more) free speech than any other social networking site. For example, you are allowed to discuss empirical research on race, crime and IQ. That would get you rate limited or banned quickly on other websites, including HN.
  - Doctor_Fegg 9mo ago
    You literally get shadowbanned for posting the three letters “cis”.
    - cubefox 9mo ago
      [dead]
    - jatora 9mo ago
      Perhaps do not use slurs then? Unless you want to claim that term is ever used without pejorative intent?
      - SilverElfin 9mo ago
        You can happily say all sorts of vile things - every slur that exists - about every minority on Twitter and not face any issues. But not cis. Why do you think that is? Does that sound like free speech or a biased far right platform manipulating users?
        cubefox 9mo ago
        > You can happily say all sorts of vile things - every slur that exists - about every minority on Twitter and not face any issues. This is false, as I pointed out in the neighbor comment.
    - cubefox 9mo ago
      Apparently my previous reply got shadow banned by HN. Oh the irony. To repeat: the ban of cis was a reaction to the previous ban of t_r_a_n_n_y. If you are fine with the latter ban you should be fine with the former.
- John23832 9mo ago
  Vivek getting his face eaten by the leopard while running for the "leopards eating OTHER people's faces" party isn't really something I feel we should sad about. > Obviously advertisers have not been fans. And it is a dying business. But rather than it dying, Elon has found a clever (and probably illegal) way to make it so that SpaceX, which has national security importance, is going to prop up Twitter/X. Now our taxpayer dollars are paying for this outrageous social network to exist. There is a difference between a dying business and and influential one though. Twitter is dying, but it is still influential.
- jatora 9mo ago
  Toxic = Not a progressive echo chamber. It takes serious blinders to think Twitter is dying any more than the myriad of tech companies operating at losses. And rather than liberals sucking it up and engaging in open disagreements and fire, or attempting tl correct the far right in any way, they flee to blueski (which is actually not doing well). It really is pathetic. Obligatory disclaimer: I'm not conservative, I dont particularly care for Elon or X or this merger. I just despise intellectual dishonesty and selective outrage.
  - darth_avocado 9mo ago
    > Toxic = Not a progressive echo chamber The only intellectual dishonesty is “blaming it on the libs” argument. Ignoring the partisan arguments, the platform was quite literally being used by users to undress women and produce CSAM. [1] Just one of the many examples where you can argue the platform is toxic. [1] https://www.reuters.com/legal/litigation/grok-says-safeguard-lapses-led-images-minors-minimal-clothing-x-2026-01-02/ https://www.reuters.com/legal/litigation/grok-says-safeguard...
    - jatora 9mo ago
      The problem is that you/they were calling it toxic long before grok was integrated, and I think you knew that. Hence the accusation of dishonesty, proven in full view for all to see.
deleted 9mo ago
[deleted]

SilverElfin 9mo ago

It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. So bad that it literally resulted in Vivek Ramaswamy, a gubernatorial candidate in Ohio, to quit Twitter/X - nearly 100% of replies to his posts were from far right racists. Obviously advertisers have not been fans. And it is a dying business. But rather than it dying, Elon has found a clever (and probably illegal) way to make it so that SpaceX, which has national security importance, is going to prop up Twitter/X. Now our taxpayer dollars are paying for this outrageous social network to exist.

RIMR 9mo ago
I am with you 100%. It was easy to support SpaceX, despite the racist/sexist/authoritarian views of its owner, because he kept that nonsense out of the conversation. X is not the same. Elon is actively spewing his ultraconservative views on that site. Now that these are the same company, there's no separation. SpaceX is part of Musk's political mission now. No matter how cool the tech, I cannot morally support this company, and I hope, for the sake of society, it fails. This announcement, right after the reveal that Elon Musk reached out to Jeffrey Epstein and tried to book a trip to Little St. James so that he could party with "girls", really doesn't bode well. It's a shame you can't vote these people out, because I loved places like Twitter, and businesses like SpaceX and Tesla, but Elon Musk is a fascist who uses his power and influence to attack some of the most important pillars of our society.
- jfreds 9mo ago
  You kinda can, just don’t make a Twitter account, don’t buy teslas, don’t use grok. Tell your friends
- tasty_freeze 9mo ago
  > X is not the same. Elon is actively spewing his ultraconservative views on that site. I wonder if Musk would be willing to let a journalist do a deep dive on all internal communications in the same way he did when he took over twitter.
  - b40d-48b2-979e 9mo ago
    That was not a journalist.
- Sparyjerry 9mo ago
  Elon is moderate at best. If a democrat supported cutting the budget, having an actual border to the country, and keeping men out of women's bathrooms you'd get Elon.
  - SilverElfin 9mo ago
    Check out his X feed. He regularly posts unhinged things about white culture, western values, etc that are supremacist and often, lifted from other supremacists. In the last year he became far more radicalized towards the far right. If it was just the things you said I might agree.
    - Sparyjerry 9mo ago
      It is just those things. He has never done anything at all ever that are white supremacist.
  - pavlov 9mo ago
    If you mean a 1950s Southern Democrat, then yes...
- 9mo ago
taurath 9mo ago
I find HN and the tech circles to be one of the main community pillars holding up X. None of my social friends use it anymore, but links absolutely abound here, and it seems like the standard line is to pretend Elon, Grok, all the one button revenge and child porn etc don’t exist. I truly can’t fathom the amount of not thinking about it it would take to keep using the platform.
- IhateAI 9mo ago
  Just use lists, "Your Followers" tab and never touch the "For You" tab and its basically the same as Twitter was 5 years ago.
  - happosai 9mo ago
    No it isn't, the sensible people you followed 5 years ago left and stopped posting. The "Your followers" feed is now just the terminally addicted and the angry demagogues.
- tasty_freeze 9mo ago
  I have a blocker set up in my browser to prevent accidental clicks and sending any traffic to them when I'm not careful to check a given HN link to a posting. I've never had an account there (nor any of the popular social media networks) but I don't want to send even my few clicks their way.
- spopejoy 9mo ago
  Sadly, journalists are super-addicted to X. They're a tentpole community for the platform at this point.
cubefox 9mo ago
> It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. Twitter also has more (not total, but more) free speech than any other social networking site. For example, you are allowed to discuss empirical research on race, crime and IQ. That would get you rate limited or banned quickly on other websites, including HN.
- Doctor_Fegg 9mo ago
  You literally get shadowbanned for posting the three letters “cis”.
  - cubefox 9mo ago
    [dead]
  - jatora 9mo ago
    Perhaps do not use slurs then? Unless you want to claim that term is ever used without pejorative intent?
    - SilverElfin 9mo ago
      You can happily say all sorts of vile things - every slur that exists - about every minority on Twitter and not face any issues. But not cis. Why do you think that is? Does that sound like free speech or a biased far right platform manipulating users?
      - cubefox 9mo ago
        > You can happily say all sorts of vile things - every slur that exists - about every minority on Twitter and not face any issues. This is false, as I pointed out in the neighbor comment.
  - cubefox 9mo ago
    Apparently my previous reply got shadow banned by HN. Oh the irony. To repeat: the ban of cis was a reaction to the previous ban of t_r_a_n_n_y. If you are fine with the latter ban you should be fine with the former.
John23832 9mo ago
Vivek getting his face eaten by the leopard while running for the "leopards eating OTHER people's faces" party isn't really something I feel we should sad about. > Obviously advertisers have not been fans. And it is a dying business. But rather than it dying, Elon has found a clever (and probably illegal) way to make it so that SpaceX, which has national security importance, is going to prop up Twitter/X. Now our taxpayer dollars are paying for this outrageous social network to exist. There is a difference between a dying business and and influential one though. Twitter is dying, but it is still influential.
jatora 9mo ago
Toxic = Not a progressive echo chamber. It takes serious blinders to think Twitter is dying any more than the myriad of tech companies operating at losses. And rather than liberals sucking it up and engaging in open disagreements and fire, or attempting tl correct the far right in any way, they flee to blueski (which is actually not doing well). It really is pathetic. Obligatory disclaimer: I'm not conservative, I dont particularly care for Elon or X or this merger. I just despise intellectual dishonesty and selective outrage.
- darth_avocado 9mo ago
  > Toxic = Not a progressive echo chamber The only intellectual dishonesty is “blaming it on the libs” argument. Ignoring the partisan arguments, the platform was quite literally being used by users to undress women and produce CSAM. [1] Just one of the many examples where you can argue the platform is toxic. [1] https://www.reuters.com/legal/litigation/grok-says-safeguard-lapses-led-images-minors-minimal-clothing-x-2026-01-02/ https://www.reuters.com/legal/litigation/grok-says-safeguard...
  - jatora 9mo ago
    The problem is that you/they were calling it toxic long before grok was integrated, and I think you knew that. Hence the accusation of dishonesty, proven in full view for all to see.

deleted 9mo ago

[deleted]