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#SpaceX Tesla merger

2 Stories Found

Coins•5h ago

Crypto Rises Alongside Asian Tech Stocks as Zcash Extends Gains After Announcing Upgrade Date

Key Highlights: Bitcoin climbed to its highest level in a week, trading near $83,500 on Wednesday, supported by an earnings-driven rally in Asian tech stocks and positive U.S. futures momentum. Elon Musk confirmed that SpaceX and Tesla have formed special committees to explore a merger, a deal that would consolidate more than 30,000 bitcoin — ...

8 min readRead

Coins•6h ago

SpaceX and Tesla Explore Merger That Would Combine More Than 30,000 Bitcoin

Key Highlights Elon Musk said SpaceX and Tesla are exploring a potential merger, with special committees of independent directors assessing a possible transaction. The companies’ reported bitcoin holdings total 30,221 BTC: 18,712 BTC at SpaceX and 11,509 BTC at Tesla. No transaction terms have been agreed, and Musk said shareholder support would be essential while ...

4 min readRead