ReferIndia News Conglomerate trap: Elon Musk risks hobbling SpaceX by folding his AI ventures into it. Here’s why

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Conglomerate trap: Elon Musk risks hobbling SpaceX by folding his AI ventures into it. Here’s why

Published on: May 22, 2026, 3:09 p.m. | Source: Livemint

The world’s richest man seems to have forgotten lessons on the perils of vertical integration from once-thriving giants like General Electric and Honeywell. But investors looking at SpaceX’s public offer might have longer memories.

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