Tesla and SpaceX Explore Potential Merger, Elon Musk Confirms

Elon Musk revealed during SpaceX's third quarter earnings call that Tesla and SpaceX have established special committees to discuss a possible merger. While discussions are ongoing, no agreement on transaction terms has been reached, and there is no certainty that a merger will occur. This announcement highlights the potential for significant corporate restructuring involving two major companies led by Musk.

Originally published by theverge