SpaceX IPO price would put Musk
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Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.
With SpaceX headed for the public markets next month, industry experts and people close to Elon Musk are speculating about a potential tie-up with Tesla.
The first reason SpaceX and Tesla may merge comes from within the Elon Musk empire. A CNBC report states that Musk has discussed with his colleagues a possible merger of the two businesses. Seeing that he controls the most voting power in these two companies, if Musk wants to merge them, it will likely happen.
Elon Musk faces another legal challenge as a US federal judge has mandated the release of emails and records from Tesla and SpaceX in connection with a lawsuit involving his AI venture, xAI.
A merger between Tesla Inc. and SpaceX could reportedly trigger Elon Musk‘s $1 trillion Tesla pay package without the EV giant having to reach any operational milestones. $1 Trillion Package Kicks In With Merger?
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Elon Musk is in trouble over recent X post
Elon Musk, the CEO of Tesla, has landed himself in hot water again over a recent post on his social media site X. Executives at the company have questioned Musk's remarks, which could land him and Tesla in trouble with the SEC again.
Elon Musk’s space company said in a securities filing that it hopes to sell over 555 million shares at its debut for $135 apiece.