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Musk revives talk of a SpaceX-Tesla merger as his political baggage clouds prospects

By ChordNews · First written

Musk’s political baggage clouds prospects for SpaceX-Tesla deal
Image: japantimes.co.jp
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Summary

Elon Musk has revived speculation that SpaceX and Tesla could combine, calling a tie-up 'a good idea', The Japan Times reports, and its coverage says his political baggage clouds the deal's prospects. Earlier reports from Al Jazeera, Ars Technica and the BBC say Musk described the two firms considering combining into a single company worth $3.5 trillion, and that special committees at both companies have been formed to look at a possible mega-merger, with Musk, who is chief executive of both, saying there is 'a lot to be gained'. Those reports give no further details of any proposed deal.

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

Timeline

  1. The Japan Times

    Source ↗

    Reports that Musk revived speculation about a SpaceX-Tesla tie-up this week, calling a combination 'a good idea', and that his political baggage clouds the deal's prospects.

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