Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

South Korean Tesla holders face tax on $23.1bn stake if SpaceX merges

NewsFeeds update

The story so far: SpaceX-Tesla merger talks

Musk said SpaceX and Tesla boards set up independent director committees to assess a possible merger; the firms hold about 30,221 BTC combined. A former Justice Department official says the merger carries antitrust risk. South Korean Tesla holders could now face a tax bill on a $23.1bn stake without selling if SpaceX…

  1. Musk says SpaceX and Tesla boards weigh merger, with 30,221 BTC combined

    Musk said on SpaceX's third-quarter earnings call that both SpaceX and Tesla boards have set up independent director committees to assess a possible merger. The firms hold 11,509 and 18,712 Bitcoins respectively, about 30,221 BTC worth roughly $2.5bn at about $83,000.

    BitcoinOdailyAIBullish

  2. Former US official says SpaceX-Tesla merger could face antitrust scrutiny

    A former Justice Department official said Elon Musk's proposed Tesla-SpaceX merger carries real antitrust risk, noting regulators may block it if it is seen as a vertical exclusivity deal that restricts rival carmakers.

    MacroPANewsAINeutral

  3. South Korean Tesla holders face tax on $23.1bn stake if SpaceX merges

    South Korean holders of Tesla shares could face a tax bill on a $23.1bn stake without selling if SpaceX merges with the carmaker.

    RegulationBloomingbitAINeutral

More Regulation updates

  1. Delphi Digital's Gabriel Shapiro says legal risk deters privacy coin rivals

    RegulationCoinNessAIBullish

  2. Hyperliquid's Jeff Yan says US entry hinges on compliance of operating entity

    RegulationOdailyAIBullish

  3. Trump backs pro-crypto Harriet Hageman in Wyoming Senate race

    RegulationCoinNessAIBullish

Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.