Would a Tesla-SpaceX Merger Give Musk Control? #shorts
Full episode: https://www.youtube.com/watch?v=XMsM91kXZmk Would a Tesla-SpaceX merger give Musk control? It could, but there’s no deal yet. VERIFIED (Reuters, Nov 3): Tesla and SpaceX boards formed special committees; no terms agreed. Even hitting every goal in his Tesla pay plan leaves Musk with ~29% of Tesla votes; he controls ~85% of SpaceX votes. Tesla’s plan pays out on market-cap goals in a change of control, but nothing until Tesla hits $2T (it’s ~$1.6T). ESTIMATE (Barclays): if SpaceX acquired Tesla, Musk would own ~37% of the combined company with ~56% of the votes. Musk, Tesla and SpaceX did not comment. Narration: [See More…]
