Elon Musk's SpaceX said to consider merger with Tesla, Bloomberg News reports

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Elon Musk's SpaceX said to consider merger with Tesla, Bloomberg News reports

Reuters01-30

Elon Musk's SpaceX said to consider merger with <a href="https://laohu8.com/S/TSLA">Tesla</a>, Bloomberg News reports

Jan 29 (Reuters) - Elon Musk's SpaceX is considering a potential merger with Tesla TSLA.O, as well as an alternative combination with artificial-intelligence firm xAI, Bloomberg News reported on Thursday, citing people familiar with the matter.

Tesla's shares were up 3% after the bell following the report.

(Reporting by Juby Babu in Mexico City; Editing by Pooja Desai)

((Juby.Babu@thomsonreuters.com;))

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