SpaceX, Tesla boards weigh $3.5 trillion merger; Elon Musk endorses idea

SpaceX is valued at more than $2 trillion, while Tesla has a market value of about $1.5 trillion.

When asked on the call about the prospects of merging the two companies, Musk initially said he was “tap dancing through a minefield” before going into more detail.

He cautioned that getting enough support from Tesla shareholders may be tricky and that neither committee has settled on terms.

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Source attribution: Times of India – Business.

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