SpaceX says Tesla merger would need Musk’s approval

SpaceX indicates that a potential merger with Tesla would require the approval of Elon Musk. However, Bloomberg Opinion columnist Liam Denning argues that such a consolidation does not make sense. This perspective is based on recent earnings numbers, which suggest that merging Tesla and SpaceX would be an odd move. While Musk appears eager to combine the two companies, the financial data highlighted by Bloomberg suggests the merger lacks a logical foundation.