EVsQuartzabout 2 hours ago
Tesla weighs China exit for SpaceX merger
1 min read
Tesla is weighing a spinoff, sale, or closure of its China business to clear the way for a potential merger with SpaceX. Executives were told to prepare for separation, with plans aimed at 2026 or 2027. SpaceX's record IPO raised about $75 billion, valuing it at $1.48 trillion.
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