@cyrano@lemmy.dbzer0.com to Technology@lemmy.worldEnglish • 1 month agoAngry, disappointed users react to Bluesky's upcoming blue check mark verification systemwww.neowin.netexternal-linkmessage-square201fedilinkarrow-up1767arrow-down134
arrow-up1733arrow-down1external-linkAngry, disappointed users react to Bluesky's upcoming blue check mark verification systemwww.neowin.net@cyrano@lemmy.dbzer0.com to Technology@lemmy.worldEnglish • 1 month agomessage-square201fedilink
minus-square@thatKamGuy@sh.itjust.workslinkfedilinkEnglish36•1 month agoHe’s already sold Twitter/X to xAI; he’s got his arse covered when the bottom eventually falls out.
minus-squareMagnuslinkfedilinkEnglish19•1 month agoThat raised some eyebrows. Not sure it’ll hold just yet. Still. His world is getting smaller.
minus-square@thatKamGuy@sh.itjust.workslinkfedilinkEnglish23•1 month agoOh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan! So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.
minus-square@sem@lemmy.blahaj.zonelinkfedilinkEnglish13•1 month agoWait is that what happened? Investors in his AI company are on the hook for Twitter now? The rich really are a vampiric class.
minus-square@thatKamGuy@sh.itjust.workslinkfedilinkEnglish12•1 month agoYes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/ For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.
He’s already sold Twitter/X to xAI; he’s got his arse covered when the bottom eventually falls out.
That raised some eyebrows. Not sure it’ll hold just yet. Still. His world is getting smaller.
Good thing AI can’t fail.
Oh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan!
So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.
Wait is that what happened? Investors in his AI company are on the hook for Twitter now?
The rich really are a vampiric class.
Yes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/
For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.