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Tesla and SpaceX: Why does Elon Musk want to merge the companies?
Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
Via BBC News
·Excerpt
Image source, Getty Images
ByOsmond Chia
Business reporter
Elon Musk has spent years building Tesla and SpaceX into a pair of trillion-dollar technology empires. Now, he is considering bringing them together.
Asked on Tuesday whether a merger would be a good idea, Musk was clear: "Yes."
The prospect is more than hypothetical. Musk said special committees have been formed to assess a potential deal, although he stressed that there is no guarantee a merger will happen and that nothing has…
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