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After weeks of struggle, Tesla ((Timing)) The stocks seem to have finally regained some of its previous momentum, and they have been modest.
It is likely that, at least partially, on the positive momentum that sweeps the markets today. Most of their 7 wonderful peers in Tesla, technology companies responsible for leading most market growth in 2023 and 2024, returned to green after weeks of landing.
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However, TSLA arrow is outperforming many of its peers, perhaps due to the anticipation of Elon Musk’s return to the company. President Donald Trump hinted that the role of Tesla is among the so -called government efficiency (DOGE), which is likely to find some investors.
Of course, Musk has other things to distract him from managing his only public company, including other companies, including social media and artificial intelligence companies.
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Musk movements put Wall Street on alert
During the past few years, Musk has made many things that have left investors and consumers to grate their heads. Last week, this trend continued by announcing a deal between two companies.
In a post on X, Musk announced that artificial intelligence (AI) is emerging xi It will merge With the social media platform in all stocks deal. Although it may work in different industries, Musk sees the integration when necessary for both founders.
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It is not difficult to know the reason for the merger of X and Xai, at least from an operational point of view.
As a social media driving platform, X provides comprehensive data in actual and ownership time that can be useful for the growth of artificial intelligence starting.
What caught the attention of many people is likely to be the very high assessment of this newly integrated company. With X and Xai restrictions worth $ 33 billion and $ 80 billion, respectively, at the time of integration, the company’s new evaluation is about 113 billion dollars.
“Of course, in groups of all stocks, the ratio between the sizes of the two companies-instead of its absolute values-is the most interesting,” Reports the Financial times. “It determines the size of a segment of the built -in bun for each group of shareholders in the end. In this case, XAI gets about 70 percent, while those in X get 30 percent remaining.”
The port notes that it may be difficult to determine the duration of this deal, as XAI still starts in the early stage with a little revenue. The XAI private market is only $ 45 billion in late October 2024, so the evaluation is $ 80 billion is, let’s say, interesting.
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like AxioI recently noticed, “Its accurate revenues are a small part of that – perhaps $ 100 million – which means that investors pay the revenue of 800 times to their shares (the equivalent number to Cill at the present time is about eight times revenue.)
A deal that cannot start most companies
This merger may benefit from the two companies, especially X, which has suffered from declining revenues and user’s growth since Musk bought it in 2022.
Such a deal would not have been possible if either of them or both companies were circulated publicly. as Wall Street Journal Reports, “If this is a general merger, shareholders will demand that each side of independent managers and advisors to determine the appropriate assessments.”
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Since both companies are particularly detained and mainly controlled by Musk, it seems that the deal has faced some barriers.
Andrew Versen, a law professor at the University of California, Los Angeles, compared the law school to “use monopolistic funds to buy Pokemon Cards”, as no money apparently changed as part of the merger.
In addition to the unconventional aspects of this deal is the fact that the same group of advisors served both sides. as Wsj “A deal of this size usually takes armies” to complete.
However, the Musk resources and its impact enabled him to stay away from a large group that a few business leaders could have been launched, although it was still unknown how really the deal is the deal.
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