Gene Munster: Thanks to his Twitter purchase, Elon Musk’s xAI will rival Tesla and SpaceX as his greatest source of wealth creation

Elon Musk
Longtime tech analyst, Deepwater Assest Management’s Gene Munster, says that Gene Munster: Elon Musk’s xAI will rival Tesla and SpaceX as his greatest source of wealth creation with a decade, thanks to his purchase of Twitter.
Gene Munster via X:
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It’s getting more clear. @elonmusk is 80% genius, 20% master of good luck.
In a decade, his purchase of Twitter will power #XAI to rival $TSLA and #SpaceX as his greatest source of wealth creation.
The reason is Twitter’s data is powerful (best source of real time intention), and he’ll use the data to train xAI to be a top three Foundation Model.
Those models should be valued in the hundreds of billions of dollars. Bloomberg estimates his current net worth at around $210B.

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MacDailyNews Take: Generative AI is only as good as what it’s trained on – Garbage In, Garbage Out – so, Twitter becomes a tremendous asset (much more so than a mostly ad-supported, trying-to-sell-subscriptions social network) simply for its wealth of data thanks to a continuous stream of free speech inputted for free from myriad, uncensored sources.
Apple, too, thanks to its more than 2.2 billion active devices, could also be a source of very valuable data upon which to train AI.
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