As we all know, in addition to Tesla, Elon Musk also owns the space company Space X, the brain-computer interface research company Neuralink, and the drilling company Boring
On December 23, 2020, a Tesla investor proposed to Musk that all of his companies— Tesla, Space X, Neuralink, and Boring—be merged to form a parent company called "X" to "ensure the survival and progress of humanity."
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Musk responded to this proposal: "Good idea", Beijing time on April 22 news, Musk seems to really want to integrate these companies, according to Tesla CEO Elon Musk. Musk filed a filing with delaware, where Musk has registered 3 holding companies this week!
The company name contains a variant of "X Holdings," and filings with the U.S. Securities and Exchange Commission (SEC) show that Musk and his investment partners are planning to inject money into one of the entities to fund the acquisition of Twitter, and if the acquisition is successful, one of the subsidiaries will merge with Twitter
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Musk's goal in doing so may be to integrate all of his business into a holding company, following Google's example.
However, it is not easy for Musk to create such a holding company, and Musk himself met with TED host Chris McGregor last week. Anderson said in the dialogue, "Tesla, Space X, Neuralink and Boring" have completely different investor bases, and it is not easy to integrate into one company."
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Musk merged his companies into a parent company, and had to acquire three private companies, SpaceX, Neuralink and Boring, whose valuations have been rising in recent years, making it difficult to acquire smoothly.
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