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Now that SpaceX is public, at a valuation that is both very high and supported primarily by xAI (Grok), it cannot simply go back to making rockets.

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> supported primarily by xAI (Grok)

Citation needed.

What was the relative value of the companies before the merge?

Decent summary of it here[0]. The “space” part of “SpaceX” is valued by market analysts and money managers at around 5% of the company’s entire value. Almost all of the rest is “AI stuff”, and Twitter is a rounding error.

That is, if SpaceX went back to being a space-only entity, and dropped the AI stuff, its share price should be expected to fall from $130/share to around $7/share.

[0] https://www.ft.com/content/09a62ed4-16af-433c-adb7-c877d1975...

Thank you for providing the citation.

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