⭐Elon Musk considers bringing Tesla and SpaceX under one roof
- Musk confirmed that Tesla and SpaceX are considering a merger, but the deal still needs shareholder approval
- Both companies have formed special committees made up of independent directors to review the proposal. Musk is also recusing himself due to a conflict of interest
- Musk believes combining the two companies could create significant value, especially as AI approaches the era of superintelligence
- Following the news, SPCX rose nearly 7% in after-hours trading. However, the deal has not been finalized and requires the support of at least 50% of Tesla’s total shares
$TSLAB $SPCXB
- Musk confirmed that Tesla and SpaceX are considering a merger, but the deal still needs shareholder approval
- Both companies have formed special committees made up of independent directors to review the proposal. Musk is also recusing himself due to a conflict of interest
- Musk believes combining the two companies could create significant value, especially as AI approaches the era of superintelligence
- Following the news, SPCX rose nearly 7% in after-hours trading. However, the deal has not been finalized and requires the support of at least 50% of Tesla’s total shares
$TSLAB $SPCXB