Bloomberg News reported that Elon Musk's SpaceX is allegedly considering a merger with Tesla.
Elon Musk's SpaceX said to consider merger with Tesla, Bloomberg News reports
Elon Musk's SpaceX is reportedly considering a merger with Tesla and discussions with AI company xAI, according to Bloomberg News. Following the news, Tesla's shares rose by 3%. The potential merger aims to consolidate Musk's ventures, including rockets, Starlink, and the X platform, ahead of a significant public offering. Investors are showing interest in the feasibility of this tie-up, which could attract substantial funding from infrastructure and Middle Eastern sovereign investors. SpaceX and Tesla have not commented on the matter.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
