What was in it for existing xAI investors to agree to this? Haven’t they lost va... | Hacker News

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		ra7 4 months ago \| parent \| context \| favorite \| on: xAI has acquired X, xAI now valued at $80B What was in it for existing xAI investors to agree to this? Haven’t they lost value here?

Ekaros 4 months ago [–]

Probably enough convincing math that trading 42% of stock for whole of Twitter is still good valuation play for future funding and maybe flipping it to someone else... Was xAI worth 57B at time of the sale?

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