Elon Musk Announces Exploration of Tesla‑SpaceX Mega‑Merger

Elon Musk told reporters that both Tesla and SpaceX have set up special committees to examine the possibility of a large‑scale merger between the two companies. The internal groups are tasked with reviewing strategic, financial and operational considerations that could arise from combining the electric‑vehicle maker with the aerospace firm.

Musk said the committees are still in the early stages of their work and have not reached any conclusions. He emphasized that any decision would depend on the findings of these teams and on regulatory approval where required.