SpaceCNBC Techabout 2 hours ago
Musk Endorses Tesla-SpaceX Merger
5 min read
Elon Musk endorsed a potential merger between Tesla and SpaceX on Tuesday, forming special committees to explore the transaction. Tesla shares fell 3% and are down 17% for the year, while SpaceX plunged 9%. Analysts predict a 90% chance of approval by early 2027 if Tesla shares exceed $500.
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