Summary

Elon Musk announced that his AI startup xAI has merged with his social media platform X in an all-stock deal, valuing xAI at $80 billion and X at $33 billion.

Musk stated the merger will combine AI expertise with X’s broad reach.

xAI, launched less than two years ago, competes with OpenAI and has developed the Grok chatbot, integrated with X.

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[–] 49 points 2 years ago (10 children)

How do i do that with a mortgage?

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  • [–] 44 points 2 years ago (2 children)

    You need another property. Work a shady deal with a bank to massively overvalue that property. Borrow against that equity.

    "Well what do I do with an overvalued loan on my other property now?" I hear you ask. Simple! Have another another property. Work a shady deal to massively overvalue...

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  • [–] 18 points 2 years ago (2 children)

    That depends, do you have the "rich" status condition?

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  • [–] 4 points 2 years ago (3 children)

    Have the most money in the world.

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