CoinTelegraph
Elon Musk says Tesla and SpaceX have set up special committees to weigh a merger that could become the biggest corporate deal ever.
The announcement signals that a potential combination is under consideration, not that a deal has been agreed. Any merger would bring two major Musk-led companies under one corporate roof.
Frequently asked questions
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Have Tesla and SpaceX agreed to merge?
No. Elon Musk said the companies have set up special committees to weigh a merger; the seed does not say a deal has been agreed.
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What are the special committees considering?
They are weighing a potential merger between Tesla and SpaceX.
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Why could the proposed merger be significant?
Musk said the combination could become the biggest corporate deal ever.
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Which businesses would a Tesla-SpaceX merger bring together?
It would combine Tesla’s electric-vehicle business with SpaceX, Musk’s space company.
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Does the announcement confirm that a merger will happen?
No. The committees are weighing the possibility, and the announcement does not confirm that a merger will proceed.
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