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Tesla and SpaceX explore $3.5 trillion merger

Tesla and SpaceX are considering a merger that could create a company valued at $3.5 trillion, Al Jazeera and BBC reported. Elon Musk said special committees had been formed at both companies to examine a possible combination. The RSS accounts did not describe a timetable, proposed ownership structure or likelihood that negotiations would produce a deal.

Why it matters

A merger would concentrate two globally significant transport, communications and space businesses under one corporate structure.

Sources

finite. summarises the reporting above and links to each original. We do not reproduce full articles. Read the sources for complete coverage.

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