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Musk's SpaceX-Tesla Merger Plan Draws Mixed Reactions in Korea
Elon Musk has formally announced that Tesla and SpaceX are reviewing a merger, with both boards forming special committees to discuss the union. If completed, the combined entity would be worth around 4,600 trillion won, creating what Korean media call a 'Musk empire' and potentially a 'game changer' for future industries. SpaceX also reported its first quarterly profit since going public, adding momentum to the talks. Korean outlets note that while the merger could be the largest in history, Wall Street analysts are skeptical about the outcome, and Korean retail investors holding Tesla shares face complex calculations due to potential stock dilution.


















