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[Scholar: SpaceX’s acquisition of Tesla is a “poverty alleviation”] On October 28, Scott Galloway, a professor at New York University’s Stern School of Business, warned that the merger of SpaceX and Tesla was to save Tesla at the expense of the interests of SpaceX shareholders. He believes that this is a merger based on a false premise, and it is also Musk's usual strategy to merge troubled companies with stronger companies, such as X into xAI, and then merge xAI into SpaceX. But this strategy is actually an admission that Tesla faces significant difficulties. He also compared the transaction to letting another family adopt a poor child, and said it was like trading a Buick car for a Gulfstream jet. The only winners in the end were Tesla shareholders.
Global market intelligence 🕐 2026-10-28 14:19

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