Why Tesla-SpaceX merger could mean tax bills for Korean investors

South Korean investors holding a stake in Tesla — the most widely owned US stock in the country — could face a 22 percent capital gains tax if Elon Musk proceeds with a potential merger between Tesla and SpaceX. Speculation has intensified after SpaceX merged with artificial intelligence startup xAI earlier this month, fueling talk that Musk may integrate the combined entity with Tesla to accelerate his AI ambitions. For Korean shareholders, however, the issue is not strategy, but taxation. If T

By The Korea Herald