EVsWall Street Journalabout 1 hour ago
Musk Says Tesla-SpaceX Merger Needs 1.98 Billion Votes
4 min read
Elon Musk stated that merging Tesla and SpaceX is a good idea but requires a 1.98 billion yes vote from all Tesla shareholders. Calculated from 3.95 billion shares, this 50% threshold is a high hurdle given low retail turnout of 28%. No deal terms exist yet as independent committees have not agreed.
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