Elon Musk’s repost of an All-In podcast speaking up a Tesla-SpaceX merger inside 6-12 months has been handled by a lot of the mainstream monetary commentariat as simply one other bout of movie star volatility. TSLA pops, shorts reload, the "it is only a automotive firm" chorus makes one other lap round cable. The protection tells you much less about Musk than it does about how little the market has internalised what he’s truly constructing.
Wednesday, July 1
