Comment by BLKNSLVR
14 hours ago
Is SpaceX going to eat Tesla? As in, are a bunch of Tesla investors going to be migrating across to SpaceX since that seems to be getting more of Elon's attention these days, especially with xAI barnacled onto the side of it?
The money to participate in the IPO has to come from somewhere...
Yes. Elon has a massive controlling share in SpaceX, complete control over the board. SpaceX will be double the size of Tesla after a successful IPO, then they can swallow it and then he has the control over Tesla he’s constantly fighting for.