Elon Musk To Combine All Holdings Into One Mega-Company?

Speculation surrounding Elon Musk’s takeover bid for Twitter continues…

Sources are wondering if a previous rumor could be true: will Elon Musk combine all his ventures (including Twitter, if he can acquire the company) into one conglomerate?

Personally, I think he wouldn’t do this for a number of different reasons, business, tax, and legal related.

Still, this has not stopped outlets like The New York Post from speculating:

Elon Musk may be laying the groundwork to combine Tesla, SpaceX and Twitter into a new super company.

As the world’s richest man continues his crusade to take over Twitter, Musk registered three new companies on Tuesday in the tax-friendly state of Delaware under variations of the name “X Holdings.”

This previous tweet from Dave Lee, dating back to 2020, is speculated to have been the inspiration behind ‘X Holdings’:

I propose @elonmusk to form a holding company called X.

X's mission is to ensure human survival and progress.

X becomes parent company of Tesla, SpaceX, Neuralink and Boring Company.

Elon, what do you think? 🙏

— Dave Lee (@heydave7) December 23, 2020

#MuskMadness “Elon Musk has registered three companies in Delaware under the name "X Holdings" to support his bid to buy Twitter and take the social media giant private.” NYT

— Denise, Oracle Of Nil (@OracleNil) April 23, 2022

Fox Business reports that Musk is not so keen on the idea of combining all 3 companies under one parent:

Musk recently told TED’s Chris Anderson that combining everything into one company would be “tricky.”

“Telsa is a publicly-traded company, and the investor base of Tesla and SpaceX and certainly Boring Company and Neuralink are quite different,” Musk explained. “It’s not that easy to sort of combine these things.”