SpaceX’s S&P 500 bid gets new life as Elon Musk pitches Tesla merger
· livemint.com
Both Tesla and SpaceX have been burning through billions of dollars in cash, and plan to bleed through more to finance new ventures, even as worries about the sustainability of the AI boom drag on the stock market
Just months after SpaceX was denied a swift entry into the S&P 500 Index, Elon Musk may have found a backdoor: Merging with Tesla Inc., one of the stock-market ...