1. SpaceX filing raises questions over Musk’s role in a potential Tesla merger

SpaceX filing raises questions over Musk’s role in a potential Tesla merger

Technology

  • • SpaceX said any merger with Tesla would need sign-off from its special committee, its board and its controlling shareholder.
  • That shareholder is Elon Musk, who has recused himself from the talks over conflicts of interest.
  • He called the merger a good idea in public this week. Insiders told Reuters that created a mess.
  • No decision has been made. The potential deal has been valued at $3.5 trillion.

Source: economictimes.indiatimes.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older