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SpaceX and Tesla form committees to explore potential merger

Elon Musk said the companies formed committees of independent directors to explore a potential combination, adding that a deal is not certain.

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SpaceX and Tesla have formed special committees of independent directors to explore a potential combination, CEO of both companies Elon Musk said on Tuesday during SpaceX’s third-quarter earnings call amid heightened market speculation.‘An Odd Kabuki Dance,’ Says MuskThe committees, he said, were e…