Elon Musk's SpaceX could help fund take-private deal for Tesla, says report

The New York Times report says another possibility under consideration is that SpaceX would help bankroll the Tesla privatization and would take an ownership stake in the carmaker

Elon Musk’s rocket company, SpaceX, could help fund a bid to take electric car company Tesla private, The New York Time reported on Thursday, quoting people familiar with the matter.
 

Musk startled Wall Street last week when he said in a tweet he was considering taking the auto company private for $420 per share and that funding was “secured.” He has since said he is searching for funds for the effort.
 

Musk said on Monday that the manager of Saudi Arabia’s sovereign wealth fund had voiced support for the company going private several times, including as recently as two weeks