The 1 Number That Explains Why Elon Musk Wants to Merge Tesla and SpaceX

The two companies already share Elon Musk, which begs the question of who really benefits from a merger.

EXPERT OPINION BY JASON ATEN, TECH COLUMNIST @JASONATEN

On Tuesday, during SpaceX’s quarterly earnings call, Elon Musk said that both SpaceX and Tesla have formed board committees to explore a potential merger between the two companies. The combined company would be worth roughly $3.5 trillion.

On the one hand, it seems weird to combine a company that created the market for electric vehicles with a company that started out........

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