Chatter grows around SpaceX, Tesla merger, says report
CNBC, citing a person familiar with details, says Elon Musk is exploring combining SpaceX and Tesla. SpaceX is set to list on Nasdaq in just over two weeks under symbol SPCX. SpaceX reported $18.6B revenue and a $4.9B net loss in 2023; Q1 sales were $4.7B with a $4.3B loss. The report notes shared resources and overlapping board members, including Musk and Ira Ehrenpreis.