Topic

Merger catapults Musk past 800bn

9h

Elon Musk merged SpaceX with his AI firm xAI, creating a combined private valuation and pushing his estimated net worth past $800 billion.

25%
Musk may be taking SpaceX’s minority stockholder for a ride, but thank goodness neither Nevada nor Texas corporate law give them any opportunity to protect themselves…

www.theguardian.com/business/nil...
Elon Musk is taking SpaceX’s minority shareholders for a ride | Nils Pratley
Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future
www.theguardian.com
February 4, 2026 at 10:56 AM

Reposted by John R. Hutchinson

4%
France’s Foreign Ministry owns Elon Musk in this response:
February 4, 2026 at 10:33 AM

Reposted by Steve Keen

8%
0%
As news of investigations into X break and a certain tech mogul has temper tantrums, remember that Musk lashing out at global internet regulators is nothing new.

open.substack.com/pub/wicziped...
Dispatch from Down Under: Keeping Australians Safe Online
Inside Australia’s pioneering efforts to hold tech companies accountable—and the campaign of conspiracies that followed.
open.substack.com
February 4, 2026 at 7:21 AM
12%
SpaceX (which “bought” X and XAI yesterday) owns & operates the most prolific child-porn deepfake production & distribution platform in the world, very reasonable for countries to worry about that.
February 3, 2026 at 11:59 PM
9%
NEW: Elon Musk's X is awarding Nick Shirley—the creator who boosted the fraud allegations that led to ICE's Minneapolis surge—$100,000 for his "coverage.
x.com/XCreators/st...
February 3, 2026 at 11:43 PM
7%
“Prosecutors have raided the French headquarters of Elon Musk’s social media platform X and summoned the tech billionaire and the company’s former chief executive for questioning as part of an investigation into alleged cybercrime.”

www.theguardian.com/technology/2...
French headquarters of Elon Musk’s X raided by Paris cybercrime unit
Prosecutors’ announcement comes amid a hardening of European attitudes to social media firms
www.theguardian.com
February 3, 2026 at 10:43 PM

Reposted by Brendan Nyhan

1%
JUST IN: Judge rejects Elon Musk's bid to dismiss SEC suit alleging that when he sought to take over Twitter (now X) he failed to disclose his stake as required. Judge Sparkle Sooknanan (Biden) turns down forced-speech and SEC appointment challenges. Doc: ecf.dcd.uscourts.gov/cgi-bin/show...
ecf.dcd.uscourts.gov
February 3, 2026 at 8:51 PM

Reposted by Kim L. Scheppele

4%
French police have raided the Paris offices of X and summoned Elon Musk for questioning as part of a cybercrime investigation into artificial intelligence-generated pornographic deepfakes and Holocaust denial. www.ms.now/news/french-...
French police raid X offices and summon Musk in probe involving sexual deepfakes
Grok, the social media platform's AI chatbot, has sparked global outrage for generating a slew of sexually explicit images and Holocaust denial statements.
www.ms.now
February 3, 2026 at 8:31 PM
4%
Paris Authorities Raid the Offices of Elon Musk’s X gizmodo.com/paris-author...
Paris Authorities Raid the Offices of Elon Musk’s X
Elon Musk and former X CEO Linda Yaccarino have also been summoned for questioning.
gizmodo.com
February 3, 2026 at 8:15 PM

Reposted by Anne Nevgi

1%
32%
One* of the head scratchers here is Meta makes >13 times the revenue of SpaceX and yet it worth just 40% more? I’ll astounded if this thing IPOs anywhere near that anytime soon.

*there are a lot of confusing things in this whole … thing.
February 3, 2026 at 7:56 PM

Reposted by Brigid Laffan

2%

Reposted by Charles W. Smith

4%
When we talk about authoritarianism, it’s not just Donald Trump.

Musk owns X
Bezos owns Twitch
Zuckerberg owns Instagram and Facebook
Larry Ellison controls TikTok

Billionaires increasingly control what we see, hear and read.
February 3, 2026 at 5:58 PM