Early SpaceX Investor Says Tesla Tie-Up Is Only a Matter of When
Bloomberg.com • • business
Key Points:
- Early SpaceX investor Peter Diamandis predicts a post-IPO merger between SpaceX and Tesla Inc. is inevitable, driven by Elon Musk's desire to consolidate control over his companies.
- The merger would allow Musk to extend the super voting rights he holds at SpaceX, where he controlled 85.1% prior to the IPO filing, to Tesla, where he currently lacks similar control.
- Diamandis highlighted that the timing of the merger is the primary question, suggesting strategic alignment between the two companies under Musk's leadership.