Tesla Stockholders Bet on SpaceX Merger as Musk’s Real Endgame
AI Summary
Tesla shareholders have faced a tough year, enduring a nearly 10% decline in stock value while Elon Musk's SpaceX achieved a record-breaking IPO and surged to the forefront of his business empire. As Tesla struggles, investors are increasingly speculating that Musk might be positioning SpaceX as the central focus of his ambitions, potentially hinting at a merger. This shift could signal a strategic pivot, emphasizing Musk's long-term vision beyond electric vehicles, and reshaping the dynamics of his vast conglomerate.
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