Why does Elon Musk want to merge Tesla and SpaceX?
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Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
Directly affected
- TSLA Tesla
Named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
Source: BBC
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