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Barchart
Sarah Holzmann

Don’t Buy Stock in That SpaceX-Tesla Merger Just Yet, Says CEO Elon Musk — ‘Absurdly Fake News’

Even before SpaceX (SPCX) launched as a publicly traded company, there have been rumors that CEO Elon Musk would take steps to merge the satellite giant with Tesla (TSLA) to consolidate his tech and manufacturing empire.

In an exclusive report today, The Wall Street Journal writes that “Tesla executives have been told to prepare for a separation of the China business ahead of a potential merger, a person familiar with those talks said.”

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