Elon Musk says SpaceX and Tesla exploring largest merger in history - Al Jazeera
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Tech mogul says tie-up has a ‘lot of merit’, given firms’ complementary work on AI. Elon Musk has revealed that SpaceX and Tesla are exploring a possible merger, a tie-up that would create a corporate colossus worth more than $3 trillion. Musk said on Tuesday that his two largest companies had established special committees to explore a merger. Recommended Stories list of 4 itemslist 1 of 4NATO to send additional patrol planes to Black Sea after drone attackslist 2 of 4Moment plane crashes on a busy highway in the USlist 3 of 4King Charles welcomes Omani sultan, hails peace efforts in UK state visitlist 4 of 4One year on: Has Kenya’s opposition lost its way without Raila Odinga?end of listThe SpaceX and Tesla CEO said the idea had a “lot of merit”, given the companies’ complementary work on artificial intelligence, but the committees had not come to any agreement on a proposal. “They’ve got to come up with something, and then that’s got to be put to the shareholders as a vote,” Musk said on a SpaceX earnings call.
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