SpaceX just acquired xAI (which already owns 𝕏) - Tesla next?

[mitch9]

Tesla is the only company that is public, SpaceX and Xai are private, so the easy part is done, with those 2 being private companies, with Elon owning the bulk of the shares, the private investors probably didn't need much convincing.

As far as Tesla buying that entity, that's going to be more difficult, and Tesla Boomer Mama, believes we will need 1.2B votes to have it go through, assuming of course Elon votes all of his shares, which he will. The combined entity will have a market cap somewhere in the $2.6-2.8B range, TSLA may double in share price, which of course is good for TSLA investors, and the SpaceX/Xai private investors would then have a way to monitize their private investment, or more likely stay for the long term, because this is going to be a wild ride, one way or another..

Most likely The Boring Company and Neuralink stay private for now, until a better time to integrate them into the fold.

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[That Beast Mode]

Currently estimated at $1.25T valuation

 

[YDR37]

Tesla is the only company that is public, SpaceX and Xai are private, so the easy part is done, with those 2 being private companies, with Elon owning the bulk of the shares, the private investors probably didn't need much convincing.

As far as Tesla buying that entity, that's going to be more difficult

Seems like there could also be ITAR issues with a Tesla/SpaceX merger, unless there maybe is some kind of very, very thick firewall between the two companies. If you look at any SpaceX job posting -- even this one for a barista -- it includes the following:

ITAR REQUIREMENTS

To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State.

ITAR = International Traffic in Arms Regulations. Basically the federal government says that SpaceX works on sensitive defense-related technology, and only US citizens and approved Permanent Residents can work there. Elon has explicitly acknowledged these hiring restrictions.

Tesla, on the other hand, is not subject to ITAR and routinely hires non-US citizens; they probably have tens of thousands of non-US employees, especially in China. And some of those foreign nationals have high-ranking positions; for example, Tom Zhu is usually regarded as the #2 guy at Tesla, after Elon. Zhu is from China and has zero US legal status. It's OK for Zhu or other foreign nationals to hold key positions at Tesla, but if there is a merger, then DoD is going to want very strong assurances that they have no access whatsoever to SpaceX technology.

Alternatively, Tesla could maybe spin off the foreign EV operations before a merger. That would greatly alleviate the issue of non-US employees, since most of them are probably associated with car production at the M3/MY factories in Shanghai and Berlin. However, this would make it a lot harder for Elon to reach his goal of "20 million Teslas on the road by 2035"

 

[mitch9]

Seems like there could also be ITAR issues with a Tesla/SpaceX merger, unless there maybe is some kind of very, very thick firewall between the two companies. If you look at any SpaceX job posting -- even this one for a barista -- it includes the following:

ITAR = International Traffic in Arms Regulations. Basically the government says that SpaceX works on sensitive defense technology, and only US citizens and approved Permanent Residents can work there.

Tesla is not subject to ITAR and routinely hires non-US citizens; they probably have tens of thousands of non-US employees, especially from China. For example, Tom Zhu is usually regarded as the #2 guy at Tesla, after Elon. Zhu is from China and has zero US legal status. It's OK for Zhu or other foreign nationals to hold important positions at Tesla, but DoD is not going to allow them to have the same access to SpaceX.

[/QUOTE]

Luckily we have an "Elon" friendly U.S. President for another 2 years.

Tesla and SpaceX, if merged still have seperate workforces, and seperate buildings/locations.

they will colaborate more closely, but they will likely keep most employee's in their current positions, I doubt a non-US Tesla employee is suddenly going to be working over at SpaceX.

The bigger issue could be the Justice Department. Their was another company called "Standard Oil", owned by another billionaire, back then.. who they broke up.

 

[CT_AZ_4x4]

[QUOTE="Fugue, post: 30753411, member:

“The best part is no part.”
[/QUOTE]
Please explain this to me like I’m 5.

 

[Fugue]

Please explain this to me like I’m 5.

Parts can break. If you design things with fewer parts, they're less likely to break.

So instead of having four companies that do some of the same things, just have one.

 

[REM]

Please please Tesla, take both public by acquiring SpaceX and X.ai!!

eww, no. needs to be the other way around. Tesla needs to be absorbed into X and Elon needs to retain absolute control over all of it.

 

[Cincycyber]

eww, no. needs to be the other way around. Tesla needs to be absorbed into X and Elon needs to retain absolute control over all of it.

That's fair. I am selfishly rooting for my Tesla shares. To the moon!

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