SpaceX, Musk: ‘Talks to explore a merger with Tesla’

SpaceX, Musk: ‘Talks to explore a merger with Tesla’
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New York (USA), 21 Oct. (LaPresse/AP) – During a conference call on SpaceX’s quarterly results, Elon Musk hinted that a merger with his electric car company, Tesla, might be in the pipeline – a possibility that has been the subject of speculation for months now. Musk stated that both companies have set up “special committees” comprising independent directors to discuss the matter, whilst playing down the likelihood of an agreement being reached in the immediate future. “Some people out there are taking it for granted that a merger between SpaceX and Tesla is a certainty,” he said, “I think that would be an exaggeration.”

New York (USA), 21 Oct. (LaPresse/AP) – During a conference call on SpaceX’s quarterly results, Elon Musk hinted that a merger with his electric car company, Tesla, might be in the pipeline – a possibility that has been the subject of speculation for months now. Musk stated that both companies have set up “special committees” comprising independent directors to discuss the matter, whilst playing down the likelihood of an agreement being reached in the immediate future. “Some people out there are taking it for granted that a merger between SpaceX and Tesla is a certainty,” he said, “I think that would be an exaggeration.”

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