SpaceX and Tesla Weigh Merger Linking Over 30,000 Bitcoin
Edited by Steinar Vigdel Kolnes, Editor, Oslo
SpaceX and Tesla are exploring a possible merger that would bring more than 30,000 bitcoin under one corporate umbrella, according to CoinDesk.
SpaceX and Tesla are considering a merger that could combine their bitcoin holdings, totaling more than 30,000 BTC, CoinDesk reported.
Independent committees are reviewing the proposed combination. The discussions remain exploratory, rather than a confirmed agreement to merge.
CoinDesk also reported strong SpaceX earnings and gains in shares ahead of Tesla’s financial results, adding an earnings backdrop to the merger discussions.
Source: CoinDesk
