Musk Says Tesla and SpaceX Are Discussing a Possible Merger

Tesla and SpaceX have each formed special committees to explore a possible merger, according to Elon Musk. He made the disclosure during SpaceX's third-quarter earnings call on Tuesday. Musk, who leads both companies, said the committees have not agreed on any deal terms and that an agreement is not guaranteed. He nonetheless described a combination as a good idea, while stressing that the decision rests with the two committees. The article also notes that Barclays had earlier suggested a deal could be announced.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.


Discussion (0)
Log in to join the discussion and vote.
Log in