Nathan Johnson, Texas's incoming attorney general, vowed to rigorously review
any potential merger between Elon Musk's SpaceX and Tesla (TSLA.O), warning of
the risks of excessive corporate concentration. He said any deal of that scale
"deserves extremely strict review." Musk has concentrated much of his business
empire in Texas to seek a friendlier GOP regulatory environment and spent
hundreds of millions supporting Republicans in the midterms. Johnson, along with
incoming governor Inohosa and incoming senator Talarico—Democrats—have pledged
to curb his influence; Johnson said he is unconcerned about scrutinizing Musk's
relationship with the state.
