Special committees assess potential Tesla-SpaceX merger worth up to $3.5 trillion
Musk said he supports merging Tesla and SpaceX. But special committees are only studying the idea for now.
Elon Musk said he's open to merging Tesla and SpaceX into one company. Such a merger would be the biggest ever.
Special committees were formed to study the plan. Nothing has been decided yet.
There's no promise the deal will happen. The new company would combine Tesla's cars, robots, and self-driving tech with SpaceX's rockets, satellites, data centers, and telecom service.
The deal needs approval from at least half of Tesla's shareholders. Musk called this "quite a high hurdle".
Musk said he sees "a lot to be gained" from combining them. Both companies work on chips and artificial intelligence.
- 1.5 trillion dollars
- Tesla valuation
- 2 trillion dollars
- SpaceX valuation
- Largest merger ever
- Combined company would be
- 28.05 billion dollars
- Tesla Q3 sales
Why it mattersA Tesla-SpaceX merger could change how both companies work. It would show that Musk wants to bring all his tech companies under one control.
AustraliaAustralian Tesla shareholders and tech investors would face exposure to a more complex combined business with uncertain governance and valuation.
✓ Claims checked against the source and corrected before publish. checked 3 h ago
