$TSLA - TESLA TO TELL SENATE COMMERCE COMMITTEE WEDNESDAY THAT CONGRESS MUST MODERNIZE SELF-DRIVING CAR REGULATIONS, WARNING IF U.S. DOES NOT LEAD IN ROBOTAXI DEVELOPMENT "CHINA WILL BE THE DOMINANT MANUFACTURER OF TRANSPORTATION FOR THE 21ST CENTURY" -- WRITTEN TESTIMONY
$TSLA - TESLA TO TELL SENATE COMMERCE COMMITTEE WEDNESDAY THAT CONGRESS MUST MODERNIZE SELF-DRIVING CAR REGULATIONS, WARNING IF U.S. DOES NOT LEAD IN ROBOTAXI DEVELOPMENT "CHINA WILL BE THE DOMINANT MANUFACTURER OF TRANSPORTATION FOR THE 21ST CENTURY" -- WRITTEN TESTIMONY
$TSLA - SPACEX–XAI MERGER VALUATION DETAILS CNBC’s Faber reported that SpaceX is valued between $859B and $1.26T, while xAI is valued at $219B to $294B. The exchange ratio is 0.1433 xAI shares per SpaceX share, with xAI priced at $75.46 and SpaceX at $526.59.
$TSLA - SPACEX–XAI MERGER VALUATION DETAILS CNBC’s Faber reported that SpaceX is valued between $859B and $1.26T, while xAI is valued at $219B to $294B. The exchange ratio is 0.1433 xAI shares per SpaceX share, with xAI priced at $75.46 and SpaceX at $526.59.
I believe the next logical step is for Tesla and SpaceX to merge, Subject to board, shareholder and regulatory approvals. Back-of-the-napkin math: Tesla: $1.75T SpaceX: $1.25T Combined valuation: $3T Both Tesla and SpaceX shareholders receive shares in a new parent company, let’s call it Xshire. Tesla shareholders owns 58% ($1.75T) of Xshire, SpaceX shareholders owns 42% ($1.25T).
I believe the next logical step is for Tesla and SpaceX to merge, Subject to board, shareholder and regulatory approvals. Back-of-the-napkin math: Tesla: $1.75T SpaceX: $1.25T Combined valuation: $3T Both Tesla and SpaceX shareholders receive shares in a new parent company, let’s call it Xshire. Tesla shareholders owns 58% ($1.75T) of Xshire, SpaceX shareholders owns 42% ($1.25T).