Elon Musk said he’d like to create a holding company above Tesla, SpaceX, Neuralink, and The Boring Company

Elon Musk said it’s a’good idea’ to create a holding company above Tesla, SpaceX, neuralink, and the boring company.

In 2018 Musk suggested taking Tesla private using’funding secured’ from Saudi Arabia. In 2018 he even suggested one so large – and largely baseless – that he wound up in court.

Google surprised-announced a similar shakeup five years ago. Google split some of its big and bolder projects into their own Ventures alongside the search giant.

Musk’s Twitter account has been viewed more than a million times. Musk’s tweets include a look at what could even look like.

Spacex, neuralink, and the boring company are all separate entities that exist outside of Tesla, the only publicly-traded business of the bunch.

Google created a wholly-owned subsidiary called’maple technologies’. It then merged maple and Google to create a new version of Google that was wholly owned by alphabet.

Each share of each class of Google stock issued and outstanding immediately prior to the merger will automatically convert into an equivalent corresponding corresponding corresponding share of alphabet stock. Upon consummation of the alphabet merger, Google’s current stockholders will become stockholders of alphabet.

Google basically said’sit tight while we change things up, and when we’re done you’ll now own a slice of alphabet worth the same amount’.

Tesla shareholders transform into equivalent shareholders of X, deal done. The same could be done with Tesla. Create a Tesla subsidiary called’X’.

X would have to bring the other three private companies into the fold. Spacex, neuralink, and the boring company would probably have to acquire SpaceX and neuralink.

Tesla’s stock price is currently very high because a lot of people believe in the company. But how would people perceive the value of X stock if it includes these other operations?.

Combining the four companies under X could help Musk further sell his Futurist vision. It could help him consolidate the various companies’ financial or human resources departments, which was a benefit Google sought with alphabet.

Musk tried to take Tesla private back in 2018. He wrote that he did n’t want Tesla to be a public company. Here’s what really does n’t gel about going the alphabet route.

As a public company, we are subject to wild swings in our stock price. Being public also subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term.

Tesla is in a much better place financially now, so it does n’t have to worry so much about the second and third point there. Musk would rather manage his businesses with fewer prying eyes. Would he really expose SpaceX, neuralink, and the boring company to the same kinds of pressures?.

Tesla is the only public company of the three currently, so take it private. It’s the only company of Tesla, so how do you solve the problem?. Let’s run the whole funding secured experiment all over again.

Musk is now the second-richest man in the world, currently worth around $ 140 billion. He probably ca n’t come up with all the money it would take to buy out Tesla at its current valuation north of $ 600 billion.

Billionaire and Tesla board member Larry Ellison invested in the debacle. He turned what was a modest investment into billions of dollars.

Musk does seem to love Tesla’s most loyal shareholders. He tried to promise that they would still own part of the company during the failed go-private transaction in 2018.

Musk kicks it off with a lot of his own money (likely from leveraged Tesla and SpaceX shares). The stock price immediately soars once it starts trading.

Musk is unsatisfied with merely theorizing what the laws should be on Mars. The outer space treaty did n’t go long on financial regulation now, did it?.

Musk reveals he’s Bitcoin creator Satoshi Nakamoto, sells all his coins, and buys Tesla. Musk says he’s a Bitcoin creator and sells all of his coins.

Spread the AI news in the universe!

What do you think?

Written by Nuked

Leave a Reply

Your email address will not be published. Required fields are marked *