From cars to space: Musk considers uniting his two biggest firms
- Elon Musk says special committees are assessing a possible merger of Tesla and SpaceX, but no deal has been agreed.
- • The merger could combine Tesla’s electric cars, robots and self-driving technology with SpaceX’s rockets, satellites and AI infrastructure.
- Tesla shareholders would need to approve the deal, with at least half required to back it, a hurdle Musk called “quite high”.
- The move could strengthen Musk’s control over his technology empire and advance his Mars ambitions, but raises questions over Tesla shareholders’ stake and regulatory scrutiny.
Source: bbc.com
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