News
Tesla and SpaceX Discuss Potential $3.5T Merger
Elon Musk has confirmed that Tesla and SpaceX are in discussions regarding a potential merger, which could result in a combined entity valued at approximately $3.5 trillion. No formal agreement has been reached yet, with both companies forming special committees to explore the merger possibility. Market responses have been evident, with odds for an official announcement by year-end decreasing over the past week.