Veytics Intelligence
2026-10-22 · Yahoo

Elon Musk’s endorsement of SpaceX-Tesla merger sparks insider concerns- Reuters

Investing.com-- Elon Musk's public endorsement of a potential merger between SpaceX and Tesla has rattled some insiders with the prospect of more regulatory scrutiny, Reuters reported on Thursday. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Insiders were concerned that Musk's disclosure could lead to questions about how well Tesla's shareholder interests would be represented, Reuters reported, citing a person with direct knowledge of the talks. Musk, during SpaceX's earnings call this week, said it and Tesla had set up independent committees to explore a merger, in what could be a $3.5 trillion deal.

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