Tesla's electric vehicle business in China looms as a key hurdle to a potential merger between Elon Musk's automaker and SpaceX because of complications it could pose ​for the space firm's business with the U.S. government.
 

Reuters Business

Reuters Business

 

Tesla's China footprint complicates path to possible SpaceX merger 

 

US consumer watchdog supervisor warned staff of 'unpleasant' fallout if they go too hard on firms 

 

US stock futures advance as strong AI-linked earnings continue 

 

Shein targets $30 to $40 billion Hong Kong IPO valuation this month, sources say 

 

SpaceX's satellite ambitions squeeze out rivals reliant on its rockets 

 

Prestige beauty outpaces high-end bags as China's luxury spending evolves 

 

Toyota lifts annual forecast and unveils $6 billion buyback, but shares fall 

 

McDonald's US sales disappoint as value deals fail to draw enough diners 

 

Options market braces for $225 billion swing in SpaceX's value as earnings loom 

 

Goldman Sachs-backed Attovia eyes $731.5 million valuation in upsized US IPO 

 

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