Why Beijing could block the SpaceX-Tesla merger

Investing.com -- Bank of America says China is the main regulatory risk to a potential combination of Tesla and SpaceX, though it sees a deal as incremental upside for Tesla shareholders. 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 » "According to press reports and public comments by Musk, Tesla and SpaceX have formed special committees to evaluate a transaction, although terms have not been agreed and a transaction is far from certain," wrote BofA. "We view China as the main regulatory risk as a potential deal would place Tesla's Shanghai plant, which builds roughly half of its global vehicle output, under a major U.S. defense contractor.