Texas Attorney General-elect Nathan Johnson vowed severe scrutiny of a potential merger between Tesla and SpaceX during a midday interview on November 12. Johnson, a Democrat who won election on November 3, noted that Elon Musk has long enjoyed political deference in the state. The incoming probe could complicate a corporate combination that investors expect as early as December.
Texas AG-elect eyes SpaceX Tesla merger
Incoming Texas Attorney General Nathan Johnson stated that a potential merger between SpaceX and Tesla will face strict state scrutiny. Johnson emphasized that major corporate combinations require careful examination regardless of political alignments.
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