TLDR · MISCELLANEOUS

MUSK'S NEXT MOVE MAY BE A MEGAMERGER OF SPACEX AND TESLA

links.tldrnewsletter.com10 min read

Summary from the TLDR newsletter

Many of Elon Musk's fans and investors expect him to merge SpaceX with Tesla. The two companies have long shared executives and other resources and are jointly developing multibillion-dollar projects. Musk controls SpaceX and is Tesla's largest shareholder, so it could raise legal issues and prompt lawsuits if he made the deal. However, this is unlikely to stop Musk, who has donated hundreds of millions of dollars to Republican candidates, including President Donald Trump.