Is The Elon Musk SpaceX Tesla Merger Happening? Here’s What We Know
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Tesla and SpaceX have each formed committees to formally review a potential merger, moving the idea beyond speculation. A combined entity would be worth roughly $3.5 trillion, based on SpaceX's valuation of nearly $1.9 trillion. SpaceX's third-quarter revenue rose 161% to $14.6 billion, underscoring how differently the two businesses operate. The review matters because it could create one of the largest corporate combinations on record, tying the EV maker to Musk's rocket and satellite venture. What to watch next is whether the committees advance toward a formal proposal and how the companies' disparate growth profiles and valuations are reconciled.
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Named in this story
SpaceX (SPCX), Tesla (TSLA), Elon Musk
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