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this post was submitted on 03 Jun 2026
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Technology
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They’re only going public with 5% of the shares to constrain supply and push up price and thus total valuation. They’re also probably going to have to get rid of Xai as it is a dead weight on the company as a whole.
It’s going to be very messy and if people want anything to do with it, probably best to wait a bit longer and buy when it’s dropped substantially in value.