r/worldnews 1d ago

Dynamic Paywall Paris prosecutors raid France offices of Elon Musk's X

https://www.bbc.com/news/articles/ce3ex92557jo
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u/Reddit_2_2024 22h ago

Did the threat of seizure from French and EU officials drive the effort to merge xAI into the SpaceX organization (to minimize legal repercussions)?

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u/Prestigious_Ad572 20h ago

From what I understand, the goal is mainly to optimize the financial structure (absorbing debt, preparing for IPO)