A Tesla-SpaceX Merger Doesnโt Add Up
Elon Musk is eager to consolidate Tesla and SpaceX, but recent earnings numbers show how odd that merger would be, Bloomberg Opinion columnist Liam Denning says. (Source: Bloomberg)
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Elon Musk is eager to consolidate Tesla and SpaceX, but recent earnings numbers show how odd that merger would be, Bloomberg Opinion columnist Liam Denning says. (Source: Bloomberg)
US equity futures rise as SpaceX's quarterly earnings and Elon Musk's remarks on a potential SpaceX-Tesla merger boost investor confidence. Citadel's Ken Griffin warns that investors are "almost certainly" in an AI bubble, while Deutsche Bank's Christian Sewing says he doesn't see one. Jensen Huang speaks at the Nvidia GTC event in Berlin. Tesla, Meta, and IBM are set to report earnings. Kallum Pickering of Peel Hunt joins "Bloomberg Brief" on the risks around debt-financed growth. Bernard Mensah, President of Bank of America International joins Bloomberg's Francine Lacqua for an exclusive conversation at the Berlin Global Dialogue. (Source: Bloomberg)
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.
Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Trump Accounts after Elon Musk announced this morning that he would distribute a share of SpaceX to each child in the US. (Source: Bloomberg)
Stating that Jioโs own satellite services await clearances, the company said, โAt Reliance, we have never feared competition. We see it as the truest test of who serves the customer best.โ
The reality is that competition would greatly benefit the average citizen in India by giving them more choices, as it always does,says Elon Musk
SpaceX investors are finally getting some reprieve after months of being whipsawed by volatility as the Elon Musk-led companyโs stock breaks above the level itโs been stuck below since July.