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A Tesla/SpaceX Merger May Be on the Horizon
SpaceX employees celebrated the company’s IPO in New York City in mid-June.Credit: Spencer Platt / Getty Images“If you’re a SpaceX shareholder—if you like it or not, you’re going to get Tesla. It’s just a matter of time,” Paul Meeks, Head of Technology Research at Freedom Capital Markets, recently said in an interview with Investopedia. That time may be sooner than many thought. CEO Elon Musk has reportedly told Tesla (TSLA) executives to prepare to separate the electric vehicle maker’s Chinese business from its U.S. operations in preparation for a merger with SpaceX (SPCX), according to the…
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