SpaceX and Tesla form committees to study merger
Briefing by News4U · First published
Sina Finance reports SpaceX and Tesla have each set up special committees to evaluate a possible merger that could create a company valued above $3 trillion.
Sina Finance reports that SpaceX and Tesla have each formed a special committee to assess a possible merger of the two companies controlled by Elon Musk. [1]
Musk said the idea is good but any deal must win shareholder approval, and he will not take part in talks because he leads both firms. The committees have not reached any agreement on terms. [1]
SpaceX is valued at $2 trillion and Tesla at about $1.5 trillion. The companies already share projects such as the Terafab chip plant and a flying Roadster. [1]
Sources
- SpaceX与特斯拉董事会探讨合并可能性
Sina Finance · · Full text