ChordNews
← All news

SpaceX and Tesla form special committees to discuss a possible merger

By ChordNews · First written

Comments 0

Summary

SpaceX and Tesla have each formed special committees to discuss a merger, according to The Verge, which frames the talks with sarcasm. The outlet says SpaceX's credit risk is pretty high because it is about to borrow another $40 billion to spend on Nvidia chips, and it suggests readers' view of the merger depends on how compelling they find the idea. The article's summary is cut off, so the rest of its argument is not covered here.

This continues an earlier story: SpaceX and Tesla form special committees to explore possible merger

Timeline

  1. The Verge

    Source ↗

    Reports that SpaceX and Tesla have formed special committees to discuss a merger, and says SpaceX's credit risk is pretty high because it is about to borrow another $40 billion to spend on Nvidia chips.

Comments

No comments yet.

    to like and comment.