Elon Musk and the Art of Not Taking the L
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny Last March, we talked about Elon Musk’s X (the artist formerly known as Twitter) / xAI merger, and why the headline valuation didn’t really matter. The deal was all stock, both companies were private, and Elon had majority ownership in both companies. […]