Musk: SpaceX-Tesla Merger Under Exploration — SkimNews
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- Elon Musk, speaking during SpaceX's second-ever public earnings report released Tuesday, declared his support for combining the aerospace and AI company with his electric vehicle company Tesla.
- Musk said 'special committees' are exploring the potential merger but emphasized no agreement has been reached yet.
Why it matters: For Tesla and SpaceX shareholders, Musk's explicit framing — 'special committees' exploring with no deal reached — signals any potential combination remains in a preliminary discussion phase rather than a formal negotiation, leaving concrete corporate action firmly on hold.
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