The New York Times reports that Elon Musk’s next major move may be the consolidation of two of his most valuable companies. Tesla has already been selling cars and batteries to SpaceX, and the two firms are jointly developing chips and software. A full merger would create one of the largest and most diversified technology-industrial conglomerates in history, spanning electric vehicles, space launch, satellite internet, and energy storage. The story is still developing, but the implications for shareholders, regulators, and competitors could be enormous.
Musk Eyes a SpaceX-Tesla Mega-Merger
