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)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
Teslaโs โflyingโ Roadster stunt has set social media alight worldwide, turning a car launch into a debate about technological innovation and China-US rivalry. At an event in Texas on October 15, Tesla unveiled its redesigned sports car, the Roadster, with stunts including a takeoff from a steep, curved ramp and a leap over parked cars. Pre-orders are open in China with a deposit of 332,000 yuan (US$50,000) for the street-legal, two-seat โPerformanceโ package. The flying-car reveal quickly turned...
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: General Catalyst Managing Director, Co-Head of Creation Fun Madhu Manburi, Olshan Frome Wolosky Partner in Shareholder Activism Group Rebecca Van Derlaske, Sidley Partner & Co-Chair Shareholder Activism Practice Kai Liekefett, and H.I.G Capital CEO Brian Schwartz. (Source: Bloomberg)
A decade ago, Elon Musk saw little reason for SpaceX and Tesla Inc. to merge, saying that the ties between the two firms were โreally quite tenuous.โ Fast forward to 2026 and heโs now openly endorsing the idea, believing โthereโs a lot of merit to combining the companies.โ
Tesla has agreed a deal to integrate Chinese fintech giant Ant Groupโs Alipay digital payment software into its vehicles in China, as Elon Muskโs firm steps up efforts to offer localised smart features amid intense competition in the Chinese market. The agreement, signed on Tuesday, will see Tesla roll out an Alipay-powered smart parking service across its Chinese fleet, according to the fintech firm. Neither side revealed a launch date or which car models would receive the feature, though...
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)
Elon Musk said itโs a โgood ideaโ to combine his rocket and car companies.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (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.
Elon Musk said SpaceX and Tesla Inc have formed special committees to explore a potential merger, a preliminary step towards what would rank as the largest corporate tie-up of all time. โI do think thereโs a lot of merit to combining the companies,โ Musk, the chief executive officer of both companies, said on Tuesday on SpaceXโs earnings webcast. โThereโs a lot to be gained from cooperating on developing superintelligence software.โ Musk said he is not taking part in the committee discussions...
Tesla's Roadster, Zuckerberg vs pint of Guinness, retirees not spending for pleasure, and AI born false memories: Join Lisa Mateo, David Gura and Christina Ruffini for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)
California-based Alef Aeronautics mocked Tesla, releasing a video of its flying car soaring over a Tesla Roadster.
Tesla CEO Elon Musk unveiled what he described as a โflyingโ car, equipped with thrusters, during a live-streamed event at his SpaceX rocket companyโs facility on Thursday. Technical and regulatory challenges have so far prevented the much-hyped flying car sector from getting off the ground. Musk revealed his new Roadster sports car during a launch event at a SpaceX test facility in Texas. During the demo, which was live-streamed on Teslaโs X account, the car launched from a steep steel ramp and...