Musk says special committees are evaluating a Tesla-SpaceX merger
Elon Musk confirmed on Tuesday that he favours merging Tesla and SpaceX, and said special committees have been set up to assess the possibility. He cautioned that no agreement has been reached and a deal is not guaranteed. Tesla is valued at roughly $1.5tn and SpaceX at about $2tn, meaning a combination would be the largest corporate merger on record.