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Elon Musk opens the door to merging Tesla and SpaceX into a $3.5 trillion company

By ChordNews · First written (new coverage )

Musk wants to merge SpaceX and Tesla: Here’s what to know
Image: japantimes.co.jp
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Summary

Elon Musk has opened the door to merging Tesla and SpaceX into a company worth about $3.5 trillion (€3.1tn), which would be the largest corporate deal in history. The move is the latest step in years of folding Musk's companies into one another, and a deal is reportedly aimed at closing before US President Donald Trump leaves the White House. One report notes that SpaceX went public this year in a record listing and is now valued at about $2 trillion.

This continues an earlier story: Musk says SpaceX and Tesla are exploring a merger

Timeline

  1. Euronews

    Source ↗

    Euronews reports that Elon Musk has opened the door to merging Tesla and SpaceX into a $3.5 trillion (€3.1tn) giant, with a deal reportedly aimed at closing before Donald Trump leaves the White House.

  2. The Japan Times

    Source ↗

    The Japan Times reports that a combination of SpaceX and Tesla would be worth about $3.5 trillion and would be the largest corporate deal in history.

  3. NDTV

    Source ↗

    NDTV reports on a $3.5 trillion corporate deal to merge SpaceX and Tesla, noting that SpaceX went public this year in a record listing and is now valued at about $2 trillion.

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