You can splice 2 number 10 to a 6 to a 50 breaker. the wire to each outlet only needs to serve its load. (welder circuit) Could run 2 200 class migs at a time from a 50 breaker, could run half a dozen limited to 2 at a time but alternate duty cycle as they will not overheat the 6 wire.
But the cord and recept system this is ALL based on says,,, its a 50A,,, its a 20 or a 30 and that means it has a breaker on it is the same. That is the "code". Its not even my opinion, its the legal way it is sposed to be wired to connect those machines to it..