Urgent.News

What's breaking now, across thousands of outlets.

Business

SpaceX will make Tesla an offer that's hard to refuse

Although it defies all conventional financial logic, the same is true of almost everything Elon Musk has done.

Translated from Spanish Read in Spanish

SpaceX will make Tesla an offer that's hard to refuse

Elon Musk has mentioned that SpaceX and Tesla, the two main companies of his empire, are exploring a possible merger. A combined entity would bring together a wide range of businesses, including cars, robots, batteries, satellites, social media, rockets, and microchips. The potential conglomerate would be valued at $4 trillion. This idea challenges conventional financial logic, much like many of Musk's previous ventures.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at cincodias.elpais.com →

More in Business

The Search for the Super-Social Democrat

There's a huge stir at the grassroots level and within the parliamentary group in the SPD. Labour Minister Hubertus Heil is positioning himself as the new party leader and undermining Lars Klingbeil's…

Exports face growing pressure to go green

Increasingly stringent environmental standards in major markets are compelling Vietnamese businesses to transform their production methods ensure data transparency and track the origins of their raw…

More from Friday 23 October →