SpaceSlashdotabout 1 hour ago
Tesla-SpaceX Merger Under Active Consideration
2 min read
Elon Musk states a merger between Tesla and SpaceX is under active consideration, with special committees evaluating a deal combining businesses valued at roughly $3.5 trillion. SpaceX cloud compute capacity brought in $7.5bn while Starlink tallied $5.2bn revenue. At least 50% of Tesla's shareholders must approve the merger, which Musk calls a high hurdle.
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