Musk’s Tesla-SpaceX Merger Would Formalize Decadeslong Partnership
The Wall Street Journal newsletter says Elon Musk wants to formalize the relationship between Tesla and SpaceX, potentially setting the stage for a merger. The two companies have spent two decades intertwining resources and ambitions.
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By Cassell Bryan-Low and Hyunjoo JinA possible merger between Elon Musk's rocket company SpaceX NASDAQ:SPCX and carmaker Tesla NASDAQ:TSLA may face bigger obstacles from politics than from regulation, drawing scrutiny in Beijing and potentially igniting a battle between US President Donald Trump an…