SpaceX and Tesla Are Considering a Mega Merger -- Here's What Investors Need to Know
Tesla and SpaceX may soon position themselves for a megamerger.
Overview
Speculation about a potential merger between SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA) is nothing new. In early June, I warned that “a mega merger may be closer than you think.”
New reporting from The Wall Street Journal now suggests that both companies may soon position themselves for such a move.
Details
“Elon Musk designed Tesla’s China business to be easily separated from its U.S. business because of geopolitical tensions,” the publication revealed. “It might also come in handy if he proceeds with a SpaceX merger.”
Source
Originally published at www.fool.com.
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