SpaceX and Tesla boards explore potential merger

Wed, Oct 21 · 1:49 AM UTC 2 min read

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Elon Musk says combining his two public companies would be a ‘good idea’ as the world approaches an AI singularity.

Summary

Elon Musk says combining his two public companies would be a ‘good idea’ as the world approaches an AI singularity.

#SpaceX #Tesla #Elon Musk

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Tier 1 — direct ingest

Financial Times Oct 21 · 1:49 UTC

Elon Musk says combining his two public companies would be a ‘good idea’ as the world approaches an AI singularity.

Decrypt Oct 21 · 16:16 UTC

As when the merger idea first surfaced, combining the two would stack one of the largest non-mining corporate Bitcoin positions anywhere under Musk’s control, placing the merged company among the top handful of public…

Decrypt Oct 21 · 18:16 UTC

Elon Musk said Tuesday that the boards of SpaceX and Tesla have each formed special committees to study merging his two biggest companies, a deal that would put rockets, electric cars, humanoid robots, a social network…

BBC Technology Oct 21 · 23:04 UTC

The Cybertruck-maker faces intense competition from Chinese carmakers like BYD, which overtook Tesla as the world's biggest EV maker in January.

CryptoSlate Oct 21 · 21:00 UTC

According to the companies’ June 30 regulatory filings, SpaceX holds 18,712 BTC, while Tesla owns 11,509 BTC.

CBS News Technology Oct 21 · 15:29 UTC

Elon Musk on Tuesday said SpaceX and Tesla are exploring a merger — a business combination that one Wall Street analyst said could be worth nearly $5 trillion, which would make it the largest deal in corporate history.

MarketWatch Oct 21 · 0:14 UTC

Special committees at both companies are assessing merger prospects but a combination is no sure thing, Musk says.

CNBC Technology Oct 21 · 0:42 UTC

SpaceX shares climbed about 8% in extended trading on Tuesday after the company reported 161% revenue growth for the third quarter, beating Wall Street estimates, with its artificial intelligence business growing…