Peaked at #3 Now #6
Musk Plans Tesla-SpaceX Merger
Bloomberg says Musk wants to combine Tesla and SpaceX in a $3.7 trillion deal before Trump leaves office.
Key points
- Elon Musk wants to combine Tesla and SpaceX in a $3.7 trillion deal, per Bloomberg.
- JPMorgan more than doubles its SpaceX $SPCX price target from $240 to $500.
- The SpaceX-Tesla deal is intended to close before the end of Trump's term.
- Elon Musk's SpaceX $SPCX surges over 15% to $163.
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Walter Bloomberg reports the SpaceX-Tesla deal is intended to close before the end of Trump's term.
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From @TheShepardz, @dioncho, @kimeedee_ and others. Spam removed, with English and Chinese translations.
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