BBC Business·· 11d ago
Elon Musk considers merging Tesla and SpaceX under active consideration
Original source: BBC BusinessRead original
AI brief
Elon Musk said a merger between Tesla and SpaceX is under active consideration, noting it would be a good idea but requires shareholder approval. With Tesla valued at roughly $1.5 trillion and SpaceX at $2 trillion, the combined entity would rank among the largest mergers in history. At least 50% of Tesla shareholders would need to approve the deal.
Source: BBC Business · bbc.co.uk