My top suspicion is that xAI’s valuation is more about moving money around and l... | Hacker News

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		klodolph 7 months ago \| parent \| context \| favorite \| on: XAI seeks up to $200B valuation in next fundraisin... My top suspicion is that xAI’s valuation is more about moving money around and less about belief in the actual underlying xAI projects.

John23832 7 months ago | [–]

I always think of any of these “invest in Elon” projects as a way to curry favor by helping him bail out bad investments with new ones.

blitzar 7 months ago | [–]

Its real money and real suckers handing it over. YC will almost certainly be part of it.

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