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Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap
" Stifel analysts struck an even more bullish note, writing that "many investors consider it inevitable that Musk will move to combine SpaceX with Tesla — for them the question is not if but when."Analysts also note that Musk controls a much larger voting stake in SpaceX than in Tesla, complicating governance considerations for Tesla's public shareholders.
Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies.
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