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So worthless xai stock (based on deepseek showing ai for the scam it is) for x which was once worth something as twitter
But hey he learned from Uncle Sam. The US dollar hegemony is basically take our paper for your goods and labor or we nuke you
I guess Elon just discovered “privatized MMT,” aka an infinite money hack.
I think private equity does something similar. Load a new acquisition with debt and declare bankruptcy
This is productive and innovative
He made xAI buy Twitter at a value of $45bn dollars (minus debts). Exactly 1bn more than he paid for it, just so he gets to pretend like he isn’t a completely failed investor.
so he basically dumped another billion into the company by selling it to himself and plays it off as “now it’s worth more than when i bought it”
hey if it works for crypto…
