1. Tesla and SpaceX discuss possible merger as Musk’s X ticker remains unclaimed

Tesla and SpaceX discuss possible merger as Musk’s X ticker remains unclaimed

World

  • Elon Musk’s Tesla and SpaceX are discussing a merger, with special committees set up to examine it last week.
  • The stock ticker X has been vacant since United States Steel was acquired last year, and nobody has claimed it.
  • Analysts expect Musk to take it, though he has never said he wants it and the merger terms are not yet set.
  • Of 26 letters, only I, K, N, X and Y are free as US stock tickers, and Musk has used X since his X.com days.

Source: moneycontrol.com

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