First reported by Hacker News
SpaceX president Gwynne Shotwell suggests Tesla merger could simplify Elon Musk's workload
SpaceX president hints at potential Tesla merger on day of historic IPO
By
Marco Quiroz-Gutierrez
21d ago· 5 min readenNews
Summary
SpaceX president Gwynne Shotwell hinted at a potential future merger between SpaceX and Tesla on the day of SpaceX's IPO, suggesting the combined entity could simplify Elon Musk's life and leverage synergies between the two companies. Analysts estimate a combined SpaceX-Tesla could be worth over $3 trillion.
Source
Key quotes
· 3 pulledThere's no question that there's synergies between Tesla and SpaceX in our futures, definitely.
There's a convergence of a kind of what we're all trying to accomplish in the future.
That might make Elon's life a little easier, actually.
A combined SpaceX-Tesla could be worth more than $3 trillion.
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