In r/wallstreetbets and r/stocks, Elon Musk reportedly pressures SpaceX IPO banks to buy Grok subscriptions, sparking a narrative about circular financing between banks, Grok, xAI, and a future SpaceX IPO.
Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports
Banks funding Grok so Grok can fund xAI so xAI can merge with SpaceX so SpaceX can pay the banks IPO fees is the ultimate infinite money glitch on a merry-go-round 🎠
SpaceX might be our first look at an AI labs' numbers since it owns xAI.
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