We're seeing yet again in the market why Elon Musk is such a success.

He's immensely wealthy and is now setting up xAI. For this, he's seeking $5 billion in debt financing. He could invest his own money, but he's not. He's creating a paper company and selling a small portion of the shares at an absurd price.

And he succeeds!

If his company then becomes a success—and it will, if only because the extremely wealthy who invest in it will help him, as they too will become richer—then Elon Musk will become even wealthier.

With the enormous amounts he obtains, Musk can attract the best talent in the world. He pays them a decent, but not extremely high, salary. He gives them ridiculously poor working conditions, and they're out as soon as they're done or try to organize.

This is exploitation reminiscent of Dickensian times, but now with highly intelligent people who will be barely paid. The managers will profit handsomely from success, but the foot soldiers... absolutely not.

Elon Musk has just copied, effectively stolen, databases from the U.S. government. xAI will make extensive use of this, giving him an advantage over all competitors. It even gives him insight into his competitors, because their data was also stolen from the U.S. tax database.

Musk has achieved his goal with the U.S. government. We will see in the coming years how he turns that stolen knowledge into power.

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