Elon Musk owns nearly a fifth of Tesla and holds voting control at SpaceX. A merger could consolidate his influence.

Elon Musk said special committees of independent directors at both SpaceX and Tesla have been set up to study the idea at the request of shareholders.

Oct 20 : Elon Musk said on Tuesday that a merger of his two companies SpaceX and Tesla would be "a good idea" and that they had formed special committees to discuss a union, sending shares of the space and technology company up 8 per cent in extended trading.The company earlier posted its first profit as a pu

Elon Musk backed a potential SpaceX-Tesla merger as independent committees began discussions. Formal talks highlight growing overlap in artificial intelligence, chips, robotics and connectivity.

Oct 20 : SpaceX shareholders want to know when the rocket maker will merge with Tesla, bringing together two of Elon Musk's biggest companies in a union that investors have long speculated about."When will SpaceX merge with Tesla?" was the second-most upvoted question — drawing 26 upvotes — submitted by

Musk said he isn’t a member of either special committee or involved in the talks because he’s a conflicted party under securities regulations.

According to Barclays analysts, a potential merger between Tesla and Elon Musk’s SpaceX could be announced before the electric vehicle manufacturer’s 2026 annual shareholder meeting with...