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George Pearkes @peark.es

Elon's capital raise was under-subscribed apparently. *X . AI HOLDINGS CORP . RAISES $5.32B ; OFFERING $6.39B : FORM D

aug 6, 2025, 8:02 pm • 77 6

Replies

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Tim Trautmann @timtrautmann.com

🕳️

aug 6, 2025, 8:22 pm • 0 0 • view
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Brett Butlerian Jihad @skoryy.bsky.social

Jenga tower getting wobbly

aug 6, 2025, 8:05 pm • 3 0 • view
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Giles SoMe @gilessome.bsky.social

Man couldn’t sell a brown shirt at a MAGA rally

aug 6, 2025, 8:06 pm • 2 0 • view
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Ezra Mechaber @ezra.im

why can't i find this on edgar? www.sec.gov/edgar/search...

aug 6, 2025, 8:28 pm • 0 0 • view
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George Pearkes @peark.es

not sure

aug 6, 2025, 8:34 pm • 1 0 • view
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scottmccaskill.bsky.social @scottmccaskill.bsky.social

If it's so great (and better than tsla), he should be selling tsla stock to finance this. $6B should be a no brainer for him... If not investors should run the other way.

aug 6, 2025, 8:04 pm • 0 0 • view
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Metro North @metronorthcapital.bsky.social

Where did you see this. Having hard time finding on terminal

aug 6, 2025, 8:08 pm • 1 0 • view
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eggnog slut (withdrawal) @deus01.bsky.social

NSN T0L8YZBSWSG1

aug 6, 2025, 8:11 pm • 4 0 • view
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eggnog slut (withdrawal) @deus01.bsky.social

NI had the headline as "X . AI" so you have to search for that exactly. Wasn't linked to an xAI corp search

aug 6, 2025, 8:13 pm • 3 0 • view
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Metro North @metronorthcapital.bsky.social

That would explain it

aug 6, 2025, 8:17 pm • 2 0 • view
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Metro North @metronorthcapital.bsky.social

👑

aug 6, 2025, 8:13 pm • 1 0 • view
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Not Dead yet @rainbowbody.bsky.social

WTF when it can do this

image
aug 6, 2025, 8:03 pm • 1 0 • view
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Sraars @sraars.comrades.social

That bowling ball has three finger holes and I think a thumb hole.

aug 6, 2025, 8:05 pm • 0 0 • view
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thedimpsler.bsky.social @thedimpsler.bsky.social

Now the next step is to watch even more money get transmuted into shit, like reverse alchemy

aug 6, 2025, 8:03 pm • 0 0 • view
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Brian @bwnash.bsky.social

Wallets are closing now. Last week, OpenAI, had to reopen its raise from March because Softbank either couldn't or wouldn't raise its $30b share. They had to cobble together $7.5b from 21 different lenders. Private credit would only write Elon paper with a 3 yr term and 12.5% coupon.

aug 6, 2025, 8:11 pm • 7 1 • view
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Brian @bwnash.bsky.social

OpenAI is trying to do another $8.3b raise on the heels of a $10b raise literally 8 weeks ago. Where the fuck is this money going? Especially given the lackluster early reviews we're seeing of their new release, the first one in *2 years*.

aug 6, 2025, 8:39 pm • 0 0 • view
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Brian @bwnash.bsky.social

It is literally my fondest hope that every VC/PE dime invested in AI flies away to money heaven.

aug 6, 2025, 8:13 pm • 13 0 • view
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nanlinear.bsky.social @nanlinear.bsky.social

money heaven 😁

aug 6, 2025, 10:14 pm • 2 0 • view
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American Guy Next Door @formerlyknownasus.bsky.social

But xAI is valued at $30Trillion, so xAI will buy Tesla for $5Trillion in stock because numbers and math no longer matter.

aug 6, 2025, 8:21 pm • 1 0 • view
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nanlinear.bsky.social @nanlinear.bsky.social

what are the chances this was because of terms of the offer weren't attractive enough vs drop in AI demand?

aug 6, 2025, 10:16 pm • 0 0 • view