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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Chamath Palihapitiya Sees ‘Very Obvious Industrial Logic’ in SpaceX Acquiring Tesla to Fund Elon Musk’s Broad Swath Of Projects

Paris,,France,-,June,16,,2023:,Elon,Musk,,Founder,,Ceo,

Venture capitalist Chamath Palihapitiya said on Tuesday that investors are overlooking a major near-term value driver for SpaceX (NASDAQ:SPCX), arguing that Elon Musk could create strategic and financial leverage by combining the space venture and Tesla Inc. (NASDAQ:TSLA) under one corporate structure.

Palihapitiya Sees Clear Tesla Deal Logic

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