Investing.com -- Texas Attorney General-elect Nathan Johnson signaled that a potential merger between SpaceX (NASDAQ:SPCX) and Tesla Inc (NASDAQ:TSLA) will face rigorous state-level oversight, introducing new political headwinds for Elon Musk's corporate consolidation plans. Speaking to Bloomberg on Thursday, the incoming Democratic official warned against excessive corporate concentration as the state's two most valuable companies advance deal talks. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 15% at checkout. Subscribe today!
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