EconomyWhy is Musk considering a mega-merger of SpaceX and Tesla?
Elon Musk says a special committee has been formed to assess a possible Tesla–SpaceX merger, but no agreement has been reached and a deal is not guaranteed. With combined valuations of about $3.5 trillion, it would be the largest corporate merger ever. Shareholder approval, regulatory scrutiny, and Tesla investors’ smaller stake and the car business’s standing in a merged company are among the issues raised.
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Why is Musk considering a mega-merger of SpaceX and Tesla?
Economy