Morning Briefing Plus: Between Megalomania and Loss of Control
Plans for a mega-merger, an investment summit with billion-euro pledges, a gigantic security gap and hundreds of thousands of leaked emails – it was a week of massive proportions.
Elon Musk has announced that SpaceX and Tesla are forming special committees to consider a potential merger, which would be the largest in economic history. The combined value of the space company and electric car manufacturer would be around three trillion dollars. Musk, a major shareholder in both companies, has significant influence over their boards and is expecting synergies from the deal.
Separately, the German government hosted around 200 international investors for the "Invest in Germany Summit", where companies pledged around 230 billion euros in investments, according to Economics Minister Katherina Reiche.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
