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How Elon Musk is rewriting the rules on founder power | Equity Podcast

Elon Musk has merged SpaceX and xAI, creating what might be the blueprint for a new Silicon Valley power structure. With his $800 billion net worth already rivaling historic conglomerate GE’s peak market cap, and Musk being vocal about his view that “tech victory is decided by velocity of innovation,” the question isn’t whether a…

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Elon Musk has merged SpaceX and xAI, creating what might be the blueprint for a new Silicon Valley power structure. With his $800 billion net worth already rivaling historic conglomerate GE’s peak market cap, and Musk being vocal about his view that “tech victory is decided by velocity of innovation,” the question isn’t whether a personal conglomerate can be built, but rather how far Musk himself is going to take it.

Today on Equity, we’re unpacking this new era of the “everything” business, whether we’ll see others like Sam Altman follow suit, and more of the week’s headlines.

Chapters:

00:00 Intro
02:03 The many lives of OpenClaw (formerly Moltbot, formerly Clawdbot)
04:33 Waymo raises $16B at $126B valuation
07:13 How will Waymo investors get their return?
10:11 Manufacturing challenges & Chinese partnerships
12:38 ElevenLabs raises $500M at $11B valuation
15:16 What does consolidation look like for AI labs?
18:46 Positron takes on Nvidia with $230M Series B
21:02 Is there room for AI chip competitors?
28:26 Musk’s SpaceX-xAI merger and the rise of the personal conglomerate
37:07 Outro

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4 Comments

4 Comments

  1. @hungcapitalll

    February 6, 2026 at 3:32 pm

    Musk is the Rockefeller of our time. We are here to get rich along side him. 1 trillion net worth individual will be here in less than 5 years.

    Reply

  2. @hungcapitalll

    February 6, 2026 at 3:34 pm

    34:00 mark. As he should. Fuck norms and regulations if it’s for the greater good.

    Reply

  3. @joebrvn

    February 7, 2026 at 6:19 am

    great listen!

    Reply

  4. @Sunday8916

    February 7, 2026 at 7:49 am

    Epstein linked creep

    Reply

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Inside the Fundraise l Build Mode

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Startup fundraising is harder than ever, and Season 3 of Build Mode is here to help. Whether you’re raising a seed round, preparing for Series A, pitching venture capital firms, negotiating a term sheet, or exploring alternatives to VC funding, this season is packed with practical advice from founders and investors who have successfully navigated the fundraising journey.
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The future of wearable tech isn’t just on your wrist—it’s on your legs. In this hands-on look, we test the Dephy Sidekick, a consumer-powered bionic footwear system designed to give you a literal boost with every step. At $4,500, this powered ankle exoskeleton claims to offload your calves and make walking effortlessly easy.

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Unboxing Belkin’s $50 Lilypad iPad Case

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It may say 3+ but this one’s for the adults. 😅 And yes, this case did fit on the M3 iPad Air 🎉 #belkin #toystory5 #ts5 #lilypad #ipadcase

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