Tesla and SpaceX explore merger as Elon Musk gives backing

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Guardian Business

Tesla and SpaceX explore merger as Elon Musk gives backing

Billionaire, on SpaceX earnings call, says ‘special committees’ exploring idea but no agreement reached yet As SpaceX released its second-ever public earnings report Tuesday, Elon Musk declared his support for combining the aerospace and AI company with his electric vehicle company, Tesla. He said both companies had created special committees to explore a potential merger, but have not reached any agreement on terms …