Elon Musk sees "a lot of merit" in combining Tesla and SpaceX, but the decision is not his to make - two special committees he cannot join and a Tesla shareholder vote he calls a high hurdle stand in the way.

The CEO and largest shareholder of both companies said a merger would be a “good idea” and that they had formed committees to discuss the possibility.

In the first official confirmation that the companies were formally talking, 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.

Elon Musk says a merger between Tesla and SpaceX is under active consideration, with special committees at both companies evaluating a deal that could combine businesses valued at roughly $3.5 trillion. "Do I think it would be a good idea? Yes," Musk said during a call with financial analysts over t...

Elon Musk says a merger between Tesla and SpaceX is under active consideration, with special committees at both companies evaluating a deal that could combine businesses valued at roughly $3.5 trillion. "Do I think it would be a good idea? Yes," Musk said during a call with financial analysts over t...

Oct 21 : A Tesla-SpaceX merger appears to be a matter of when, not if, to many on Wall Street. But they disagree on a key factor: how much Tesla shareholders should be paid.That tension runs through a deal where predictions on the premium Tesla shareholders would get to swap into a stock of SpaceX that Elon M

Elon Musk said Tuesday that the boards of SpaceX and Tesla have each formed special committees to study merging his two biggest companies.

Oct 21 : Elon Musk sees "a lot of merit" in combining Tesla and SpaceX, but the decision is not his to make: two special committees he cannot join and a Tesla shareholder vote he calls a high hurdle stand in the way.That tension runs through a deal that many analysts call inevitable. Musk, a self-described 'c

Oct 21 : Elon Musk sees "a lot of merit" in combining Tesla and SpaceX, but the decision is not his to make: two special committees he cannot join and a Tesla shareholder vote he calls a high hurdle stand in the way.That tension runs through a deal that many analysts call inevitable. Musk, a self-described 'c

Elon Musk’s floated SpaceX-Tesla merger would unite the companies’ combined 30,221 BTC, worth roughly $2.5 billion.

Elon Musk’s floated SpaceX-Tesla merger would unite the companies’ combined 30,221 BTC, worth roughly $2.5 billion.

Elon Musk’s floated SpaceX-Tesla merger would unite the companies’ combined 30,221 BTC, worth roughly $2.5 billion.

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.

Oct 21 : Elon Musk sees "a lot of merit" in combining Tesla and SpaceX, but the decision is not his to make: two special committees he cannot join and a Tesla shareholder vote he calls a high hurdle stand in the way.That tension runs through a deal that many analysts call inevitable. Musk, a self-described 'c