SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin

SpaceX SPCX and Tesla TSLA are exploring a potential merger, Elon Musk, the CEO and a shareholder of both companies, said on Tuesday , raising the prospect of combining two of his biggest companies and more than 30,000 bitcoin BTC $82,687.80 . Musk owns about 36% of space and AI-focused SpaceX outright , rising to 48.4% including restricted shares and unexercised options, according to a June filing. His reported beneficial ownership of electric-car maker Tesla is 19.8%, including restricted compensation shares. Speaking during SpaceX’s third-quarter earnings call, Musk said both companies had formed special committees of independent directors to assess a tie-up. A combination would unite SpaceX’s reported 18,712 BTC and Tesla’s 11,509 BTC, for a total of 30,221 BTC. “Do I think it would be a good idea, yes.

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