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Ira Ehrenpreis

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Elon Musk says SpaceX and Tesla form committees to weigh potential merger

Elon Musk disclosed during SpaceX's Q3 2026 earnings call that both companies have set up special committees of independent directors to explore a possible merger, at shareholders' request. Musk, who leads both firms, said he and his brother Kimbal are excluded from the discussions as conflicted parties, and cautioned that no deal is guaranteed.