Technology

Merging SpaceX and Tesla would be a “good idea,” Musk says

Summary

Elon Musk stated during a corporate earnings call that combining his two major firms would be beneficial. The billionaire expressed support for formally integrating Tesla and SpaceX into a single business empire.

Elon Musk said Tuesday that he would like to see the consolidation of his business empire by formally merging his two largest companies, SpaceX and Tesla. "Do I think it would be a good idea? Yes," Musk said of a potential merger. He was speaking during a question-and-answer period as part of SpaceX's third-quarter earnings call. Musk said, ultimately, it…

Source: Read the full story at Ars Technica - All content

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