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Tesla and SpaceX Boards Form Special Committees to Weigh $3.5 Trillion Merger

Independent directors at Tesla and SpaceX have formed special committees to explore a possible merger, Elon Musk told investors on SpaceX's third-quarter earnings call. Musk, who is conflicted as CEO of both companies, is barred from the discussions. A combined company would be worth roughly $3.5 trillion.

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Independent directors at Tesla and SpaceX have formed special committees to explore a possible merger, Elon Musk told investors on SpaceX's third-quarter earnings call. Musk, who is conflicted as CEO of both companies, is barred from the discussions. A combined company would be …

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