Musk Watch reports there’s a severe cash crunch at a certain information warfare platform that has been trying and failing to rewrite history.
…burning through cash at a high clip. Bloomberg reported last week that xAI had already exhausted much of the $14 billion it raised since 2023, with only $4 billion remaining on its balance sheet as of March 31. While Musk denied the report, xAI’s financial demands are apparent. The company is currently attempting to raise $4.3 billion via an equity investment after securing a $5 billion debt sale last week.
Any historian could have told Musk that there’s no money in it. You don’t write history to be profitable.
And, any information warfare historian could have told Musk when you cut your special holes into a dissemination platform the public discourse pegs never fit. This is propaganda 101 stuff.
Nazi Germany has many examples of why and how this failed, as I’ve written here before, unintentionally predicting how horrible Musk would be at rewriting history. To be fair, he’s bad at everything other than taking people’s money for nothing.
That is to say Musk isn’t someone who cares about reality, or real history. He was believed only so far as science fiction had opened the door for him to weaponize STEM against itself. But that skill at defrauding the public about science doesn’t translate well to the humanities. Science fiction is about the possibilty of science, whereas fiction is not at all about history, it’s the diametric opposite. The more fiction the less history. He faces a completely different and much more sophisticated trigger set among general populations.
Maybe his matrix of foreign-backed fraud balloon schemes will continue floating another minute on the hot air from burning piles of cash…but what does a delayed crash mean? If history is any guide, they will expand harm a year or two from now. Remember the hundreds of Tesla killing people after investors piled into the fraud of FSD in 2016, such that by 2021 it was an unmistakable threat to the public?
I mean, to this historian at least, this looks like the kind of lesson that was handed to German white supremacists in 1948 (Elon Musk’s grandparents’ decision to move operations to South Africa) and the lesson handed South African white supremacists in 1988 (Elon Musk’s parents’ decision to move operations to Canada – and then illegally the US).
So apparently we are right on time for the grandson and son of white supremacists to learn his 2028 lesson – 40 years on the dot. Third time is the charm? Can we end this white supremacist transmission cycle?