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moving money from one pocket to the other... why?

Elon Musk sells X to his own xAI for $33 billion in all-stock deal


https://www.clickorlando.com/business/2025/03/28/elon-musk-sells-x-to-his-own-xai-for-33-billion-in-all-stock-deal/

N. E. Felibata 👽 reshared this.

He gets to transfer 12 Billion in additional funding to X. I'm guessing it is needed. But he also expects to more tightly integrate the information he is culling from X users into his AI machinery. You are a sucker if you use X.
Same playbook as 'Bill Trump to Pay Trump.' It's probably our Social Security monies ...

"Verrrry interesting!"
First thought was, "I wonder how he's funneling social security and treasury money into this!"
But even if it's just his own economics, or his overriding vision of controlling the world through AI AND owning a huge propaganda machine in tandem with the " #Truth " network of #disinformation and corruption....

It's all consistent with his "X" obsession - one he shares with Sir #TrumpVirus - #omnipotence - but he has the $$$, and now the power tool. So the thin-slice for me:

“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” Musk wrote on X


The data, the models, it all computes... world dominance, AI, open the trunk, HAL...

He uses hyperbole and techbro gibberish to obscure the (probable ) fact that he is getting money to "analyze" government data with xAI.
No bid contracts with vague goals, other than trying to monetize the government into his pocket.