Elon Musk opens the door to merging Tesla and SpaceX into a $3.5 trillion company
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.
Timeline
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.
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.
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.
Comments
No comments yet.
to like and comment.