Tesla and SpaceX create special committees to consider combining

First reported by Wall Street Journal at · Updated · 11 sources

Elon Musk said a combination of the companies would have merit, but he cannot participate in the merger discussions. Musk is CEO of both businesses. A deal would bring together electric cars, rocket launches, satellites and artificial intelligence operations, according to The Information.

  • SpaceX reported $14.6 billion in quarterly revenue, according to The Verge.

Covered by 11 publishers within 3 hours of the first report.

Reporting11

Wall Street Journal Tesla and SpaceX Formed Committees to Discuss Potential Merger, Elon Musk Says · Becky Peterson
The Verge Tesla and SpaceX are discussing a possible merger, Musk says · Andrew J. Hawkins
Business Insider Tesla and SpaceX have set up committees to explore a merger · Ben Shimkus
The Information Musk Says SpaceX, Tesla Have Formed Committees to Explore Merger · Valida Pau
Ars Technica Merging SpaceX and Tesla would be a "good idea," Musk says · Eric Berger
TechCrunch SpaceX and Tesla boards form special committees to review merger · Kirsten Korosec

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Topics TeslaElon MuskSpaceX and Starlink