See how a Tesla-SpaceX merger gives Musk a shortcut to his $1 trillion payday
The wild cards
There are few clear constraints on what SpaceX could offer to acquire Tesla. Musk’s holdings of SpaceX Class A shares, with one vote apiece, and Class B, with 10, give him about 86% of any SpaceX vote needed to approve a deal. By controlling most B shares, he also can appoint a majority of the company’s board, which oversees deals.