SpaceWall Street Journalabout 1 hour ago
SpaceX and Tesla Form Merger Committee
4 min read
On October 20, Elon Musk announced that boards for SpaceX and Tesla formed a special committee to consider a merger. SpaceX reported third-quarter revenue of $14.58 billion, while Tesla's fell 0.2% to $28.04 billion. The combined market cap is approximately $3.6 trillion, ranking fifth behind NVIDIA, Apple, Microsoft, and Google.
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