Incoming Texas AG vows rigorous scrutiny of potential SpaceX-Tesla merger - report

Investing.com -- Texas Attorney General-elect Nathan Johnson signaled that a potential merger between SpaceX (NASDAQ:SPCX) and Tesla Inc (NASDAQ:TSLA) will face rigorous state-level oversight, introducing new political headwinds for Elon Musk’s corporate consolidation plans. Speaking to Bloomberg on Thursday, the incoming Democratic official warned against excessive corporate concentration as the state’s two most valuable companies advance deal talks.