Thursday, 1 August 2024

If Musk pulls this off… xAI is going to soar

Many people thought Elon Musk was crazy to purchase Twitter — now X — in 2022.

However, he may have seen something no one else did:

The data he could mine from X could fuel the rapid development in his xAI venture.

It's a massive advantage in training data no other AI company has.

That's why Musk founded xAI and said he will give 25% ownership to X shareholders in exchange for access to the data.

And it's why xAI raised $6 billion earlier this year.

Now, Elon is floating the idea of having Tesla invest $5 billion into xAI. Last Tuesday, he ran a poll on X. Almost a million people voted, and the result was a supermajority for "yes".

While this may seem like a sneaky way for him to support his own companies... there are huge potential synergies between the two.

xAI could help advance full self-driving and build up the new Tesla data center...

And Tesla could integrate xAI's chatbot, Grok, with their software.

Musk is already at work on a xAI data center in Memphis, which he claims will be the "most powerful AI training cluster in the world."

And as he considers investing Tesla cash in xAI...

It makes me think xAI is more than a side project.

With growing support, this new project could be bigger than Tesla, SpaceX, Neuralink, and PayPal...

And we found a backdoor way to play it.

There's a tiny company that could be supplying Elon with a key piece of technology for xAI.

It's not Tesla, Nvidia, or Microsoft.

And if you buy shares before the name gets out, I believe you'll have a chance to make massive gains.

I explain my thesis fully in this time-sensitive presentation.

Sincerely,

Luke Lango
Innovation Investor

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