Elon Musk replied to a post on Twitter on Wednesday that he thinks it would be a good idea to combine Tesla, SpaceX, Neuralink, and the Boring Company under a giant holding company.
Dave Lee, a Tesla investor and famous YouTuber, mentioned this in a post with the idea. The holding company with the name of “X”.
Lee mentioned the purpose of the holding company wouldn’t be to increase the market capitalization or stock price of Musk’s firms but to allow him “to continue to make big bets for humanity, and have the time to manage them,”.
X’s mission is to ensure human survival and progressLee tweeted
In a video, Lee said that Musk had previously spoken about creating such a company.