Musk’s Public Endorsement of SpaceX‑Tesla Deal Raises Shareholder‑Scrutiny Concerns
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Elon Musk, CEO of both SpaceX and Tesla, publicly stated that the two companies are exploring a potential merger or acquisition that could become the largest corporate transaction in history. The comments have prompted insiders to warn that the disclosure could invite shareholder scrutiny and delay the process by several weeks. Musk’s remarks echo concerns that surfaced during Tesla’s 2016 acquisition of SolarCity, which led to years of litigation over his influence on the deal. The parties have hired advisers and are evaluating various structures, including an all‑stock deal, but the talks remain in early stages. Tesla, SpaceX and Musk have not yet responded to requests for comment.
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