
SpaceX and Tesla merger may happen this year
A SpaceX-Tesla merger may happen as soon as this year, according to comments from SpaceX President and COO Gwynne Shotwell during the company's June 12 IPO day. Speaking to CNBC as SpaceX began trading on the Nasdaq at a $1.75 trillion valuation, Shotwell said a merger between Elon Musk's two trillion-dollar companies "might make Elon's life a little easier" and pointed to a "convergence" in what SpaceX and Tesla are building toward.This episode breaks down what Gwynne Shotwell actually said about the SpaceX Tesla merger, why analysts think it's now closer than ever, and what it means for…
The skinny
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