<![CDATA[Elon Musk says Tesla-SpaceX merger being considered]]>Musk says special committees within both companies have been formed to look at a possible mega-merger.

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Elon Musk says Tesla-SpaceX merger being considered

Musk says special committees within both companies have been formed to look at a possible mega-merger.

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BBC News (www.bbc.co.uk)
]]>https://isurg.org/topic/a2638bdb-5613-4de8-98b4-5434eb8b15e3/elon-musk-says-tesla-spacex-merger-being-consideredRSS for NodeThu, 22 Oct 2026 12:36:52 GMTWed, 21 Oct 2026 00:05:11 GMT60<![CDATA[Reply to Elon Musk says Tesla-SpaceX merger being considered on Wed, 21 Oct 2026 03:08:32 GMT]]>This is an attempt by Musk to force S&P500 index fund holders to buy SpaceX stock (or the value of it at least). Tesla is currently in the S&P500 because it met the rules to be included years ago. SpaceX does not meet the rules and so was rejected. This is what SpaceX is missing to be included:

  • it is not yet GAAP-profitable (reporting a $4.94 billion net loss in 2025)
  • it lacks a 12-month public trading seasoning period
  • its public free float is too small

This means that Musk missed out on billions of dollars of index fund investor's money when SpaceX IPO'd. A merger with Tesla, with already-registered-Tesla being the acquiring company would appear to skirt the S&P500 rules allowing SpaceX to rake in the automatic index investor money.

I'd personally like to see Standard and Poors (the company behind the S&P500) recognize Musk's attempt for what it is, and deny not only SpaceX after the merger, but kick Tesla out too for breaking the rules.

]]>https://isurg.org/post/https://lemmy.world/comment/26441899https://isurg.org/post/https://lemmy.world/comment/26441899Wed, 21 Oct 2026 03:08:32 GMT