Musk says SpaceX and Tesla are exploring a merger

First reported by Bloomberg at · Updated · 5 sources

Both companies have formed special committees to evaluate a possible combination, a preliminary step toward what would be the largest corporate merger ever. Their shares rose after Musk discussed the potential deal, according to CBS News. The Financial Times says other shareholders could have less influence under a combined company.

  • Decrypt reports Tesla holds 11,509 bitcoin and SpaceX holds 18,712.

Covered by 5 publishers within 18 hours of the first report.

Reporting5

Bloomberg Musk Teases SpaceX-Tesla Merger in Earnings Call
Wall Street Journal What to Know About the SpaceX-Tesla Merger Talks · Heather Gillers
CBS News Musk says SpaceX-Tesla merger has "a lot of merit." Here's why.
Decrypt Musk’s SpaceX-Tesla Merger Would Create a Bitcoin Treasury Behemoth · Decrypt Staff
Financial Times What Elon Musk stands to gain from a Tesla-SpaceX merger

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Topics TeslaElon MuskSpaceX and StarlinkCrypto