Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?

Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.
Summary from BBC
How 3 outlets are covering it
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The IndependentThe SpaceX-Tesla mega-merger could finally navigate Musk's China problem
Tesla could continue to operate in China for years to come as a self-contained unit
Read on The Independent -
The IndependentElon Musk may have just torpedoed his own $3.5 trillion dream deal
Elon Musk’s public endorsement of a potential $3.5 trillion merger between SpaceX and Tesla has unsettled insiders involved in the negotiations
Read on The Independent -
BBCWhy is Elon Musk plotting a mega-merger of SpaceX and Tesla?
Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.
Read on BBC -
The GuardianTesla beats earnings projections after Musk floats SpaceX merger plan
Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of all Tesla shareholders, but he declined to elaborate Investors were paying close attention to Tesla’s…
Read on The Guardian -
BBCElon Musk confirms he is considering merging Tesla and SpaceX
Musk says special committees within both companies have been formed to look at a possible mega-merger.
Read on BBC -
The GuardianTesla and SpaceX explore merger as Elon Musk gives backing
Billionaire, on SpaceX earnings call, says ‘special committees’ exploring idea but no agreement reached yet As SpaceX released its second-ever public earnings report on Tuesday, Elon Musk declared…
Read on The Guardian




