Tesla and SpaceX take first step towards merger, would dilute all shareholders
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Tesla and SpaceX have both formed special committees within their corporate boards to explore the possibility of merging the two companies according to Elon Musk, who is CEO of both companies.
The merger could have big consequences not just for Tesla and SpaceX shareholders, but could dilute the retirement savings of everyone with exposure to major stock indices.
This article is an excerpt. To read the full content, visit the original source. Electrek
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