Musk allows for a $3.5 trillion merger of SpaceX

Elon Musk has allowed for the possibility of a merger between SpaceX and Tesla, which could create a corporation worth $3.5 trillion. To evaluate this step, special committees of independent directors have been created.

Status of negotiations

Negotiations between the companies are already underway, but no final decision on the merger has been made yet. The process requires careful analysis by independent experts.

Impact on the crypto market

For the cryptocurrency market, the management of Bitcoin holdings by both companies is particularly interesting. In the event of a merger, significant digital currency reserves would come under the control of a single entity.

Tokenized SpaceX shares (#SPCXX) are traded on the Bybit exchange.