There's an epic conflict of interest here with Musk owning most of both companies. And they're in entirely separate fields, there is no plausible synergy here to be gained.
How can you have a conflict of interest if they're entirely separate fields? They have different interests, so where's the conflict?
You don't need synergies to justify a merger. They're often used as justification as in paying well above market price. But it has nothing to do with actual justification. You can just have a holding company of businesses
Yeah but who can be hurt by this, these are both private companies? So whose interest is his "conflicting" with? I'm sure the shareholders will raise it with him and/or bring a lawsuit if they aren't happy (they probably are happy).
Yeah, I'm not buying that. I don't see how that could be any cheaper than regular datacenters. It might just be technically feasible, but launching stuff into space will always be more expensive than not launching stuff into space. And all those pesky technical issues like cooling might be solvable, but I doubt they're that cheap to solve.
No he is not. It makes no sense from a physics standpoint or an economic standpoint. And even if they were, it wouldn’t require whatever this acquisition is.
bko|27 days ago
You don't need synergies to justify a merger. They're often used as justification as in paying well above market price. But it has nothing to do with actual justification. You can just have a holding company of businesses
shawabawa3|27 days ago
jaccola|27 days ago
spullara|27 days ago
edit: these replies aren't going to age well
fabian2k|27 days ago
relaxing|27 days ago
kelseyfrog|27 days ago
literally (adverb)
informal : in effect : virtually
Used in an exaggerated way to emphasize a statement or description that is not literally true or possible.
Ex: I literally died of embarrassment.
afavour|27 days ago
brendoelfrendo|27 days ago
spiderice|27 days ago