Musk Publicly Backs Merger of Tesla and SpaceX, Seeks to Push It Forward Under Current Trump Administration
3 day ago / Read about 0 minute
Author:小编   

Elon Musk has openly declared his unwavering support for the merger of his two flagship companies, SpaceX and Tesla. The combined market capitalization of this proposed deal stands at around $3.7 trillion, which could potentially make it the biggest corporate transaction ever. Key stakeholders are striving to have the deal officially announced no later than the first half of 2027. Their goal is to take advantage of the current seamless communication between Musk and the White House, as well as the high level of investor enthusiasm, to finalize the merger before any deterioration in political or financial conditions and to cement Musk's grip on the companies. At present, the precise terms of the merger remain undetermined, and Musk has delegated the relevant specifics to a special committee. Given that Musk commands over 80% of the voting rights in SpaceX, the hurdle to gaining shareholder approval is relatively low. However, securing consent from Tesla shareholders presents a more formidable challenge. In the past, the two companies have hinted at their merger plans through collaborative efforts, such as launching prototype vehicles and co-constructing a semiconductor factory, with artificial intelligence emerging as the central pillar of their joint endeavors.