SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Tesla and SpaceX Form Committees to Consider Possible Tie-Up

The companies formed committees to consider a possible tie-up, according to their chief executive. Shareholders would have to support the proposal.

TSLASPCX

The chief executive of both companies said Tesla and SpaceX had established committees to assess a potential combination. He said he believed a tie-up would be a good idea, but added that shareholders would ultimately need to support it.