From Coinpedia · By Anjali Belgaumkar
A possible merger between Tesla and SpaceX has moved from speculation into formal review, with both companies now running committees to study a deal. A combined group would be worth close to $3.5 trillion based on SpaceX’s valuation of almost $1.9 trillion. The two businesses look very different. SpaceX grew third-quarter revenue 161% to $14.6 billion, with AI computing bringing in $7.56 billion, more than ten times a year earlier, and Starlink connectivity adding $5.25 billion. Tesla earned over $100 billion in revenue over 12 months, but sales were flat in the third quarter and still depend mostly on electric vehicles. Its operating profit has dropped from almost $15 billion at its late-2022 peak to $3.63 billion. Tesla trades at 417 times earnings and 13 times sales, while SpaceX trades at 56 times sales. A quick deal is seen as unlikely, though a proposal could come soon.
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