Speculation is mounting among investors and analysts about a possible merger between Elon Musk’s two public companies, Tesla and SpaceX, following the rocket company’s blockbuster IPO that valued it at over a trillion dollars more than Musk’s electric vehicle manufacturer.
Business Insider reports that the question of whether Tesla and SpaceX will merge has become a hot topic among investors as SpaceX’s market value soared past the electric vehicle giant following an $85 billion IPO on Friday. The rocket company is now worth over one trillion dollars more than Tesla, prompting widespread discussion about whether Musk might consolidate his…
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