Reports indicate that Tesla (TSLA) and SpaceX (SPCX) have formed special, independent committees of directors to formally explore a potential mega-merger.
If completed, the merger would create a $3.5 TRILLION giant, making it one of the largest corporate deals in history.
According to financial calculations by Bloomberg, a merger could expand Musk’s net worth by more than $110 BILLION.
Elon Musk’s net worth currently stands at $919 BILLION, according to Bloomberg Billionaires Index.
While Musk holds roughly 82% of the voting power in SpaceX, his stake in Tesla sits much lower (around 20%). A merger allows him to dramatically tighten centralized control over the combined corporate entity#ElonMusk
If completed, the merger would create a $3.5 TRILLION giant, making it one of the largest corporate deals in history.
According to financial calculations by Bloomberg, a merger could expand Musk’s net worth by more than $110 BILLION.
Elon Musk’s net worth currently stands at $919 BILLION, according to Bloomberg Billionaires Index.
While Musk holds roughly 82% of the voting power in SpaceX, his stake in Tesla sits much lower (around 20%). A merger allows him to dramatically tighten centralized control over the combined corporate entity#ElonMusk
