Elon Musk’s SpaceX-Tesla merger math doesn’t add up
· Fortune
Good morning. On Fortune’s radar today:
- Elon Musk’s dream merger is a dilutive nightmare for SpaceX shareholders.
- ING thinks Britain’s Andy Burnham has a secret plan to hold a snap election.
- Markets: Worldwide selloff as further conflict looms with Iran.
- Chart: Iran’s attacks in the Strait of Hormuz are as bad as ever.
- U.S. childcare is so expensive that fewer Americans are using it.
- OnlyFans wants to offer financial services and maybe stage an IPO.
This story was originally featured on Fortune.com
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