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Musk Discusses SpaceX Tesla Merger
Musk said SpaceX and Tesla formed committees to discuss a merger, citing benefits of cooperation in the superintelligence era.
Key points
- Elon Musk said SpaceX and Tesla have formed special committees to discuss a potential merger between the two companies.
- Musk said he does think there's a lot of merit to combining the companies, citing the superintelligence singularity and gains from cooperating.
- Musk said shareholders have to be supportive of the merger at the end of the day.
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Original post
BREAKING: Elon Musk says SpaceX, $SPCX, and Tesla, $TSLA, have formed special committees to discuss a potential merger between the two companies.
"I do think there’s a lot of merit to combining the companies as we are pretty much in the superintelligence singularity, and there’s a lot to be gained from cooperating," Musk said.
"Do I think it would be a good idea? Yes, but at the end of the day, the shareholders have to be supportive of this," Musk said.
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