Skip to main content
WeLoveTrump.com may receive compensation from affiliate partners for some links on the site. Read our full Disclosure here.

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


893 views

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:

Trending: Devin Nunes: The Durham/Sussmann Trial Could “Bring Down the Entire DNC”

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’:

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.”



 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!