🚨 BREAKING: 🇺🇸 Elon Musk's SpaceX and Tesla's potential $3.6 Trillion merger could create the world's 5th-largest company.
SpaceX is valued at $2.15 Trillion and Tesla at $1.5 Trillion, putting their combined valuation above Amazon.
Elon Musk owns about 20% of Tesla and 48% of SpaceX, but his special voting shares give him control over roughly 82% of SpaceX’s votes.
After the merger, Elon Musk would own approximately 37% of the combined company and could control around 57% of its voting power, per Reuters.
The combined companies would generate $153 Billion in annual revenue and employ 155,000+ people across rockets, Starlink, AI, social media, robots and electric vehicles.
If completed, this will be the largest mergers in history.
SpaceX shares surged +12% and Tesla gained +3.5%, adding $284 Billion in market value following the news.
$SPCXB
$TSLAB
#SpaceX
SpaceX is valued at $2.15 Trillion and Tesla at $1.5 Trillion, putting their combined valuation above Amazon.
Elon Musk owns about 20% of Tesla and 48% of SpaceX, but his special voting shares give him control over roughly 82% of SpaceX’s votes.
After the merger, Elon Musk would own approximately 37% of the combined company and could control around 57% of its voting power, per Reuters.
The combined companies would generate $153 Billion in annual revenue and employ 155,000+ people across rockets, Starlink, AI, social media, robots and electric vehicles.
If completed, this will be the largest mergers in history.
SpaceX shares surged +12% and Tesla gained +3.5%, adding $284 Billion in market value following the news.
$SPCXB
$TSLAB
#SpaceX