Elon Musk’s $3.6tn gamble to merge SpaceX and Tesla

A Musk-driven SpaceX-Tesla merger would create a $3.6tn conglomerate but faces shareholder votes and tough China/EU regulatory scrutiny.

• $3.6tn conglomerate: A SpaceX-Tesla merger would combine rockets, satellites, Starlink, chatbots, social media and robots into one entity worth $3.6tn, ~150,000 employees, ~$150bn revenue.
• Musk's control problem: Musk holds ~84% of SpaceX voting power via supervoting shares but only ~20% of Tesla, which has none—merger would fix that.

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