Tesla and SpaceX Form Committees to Explore Potential Merger
Elon Musk said Tesla and SpaceX formed special committees to explore a potential merger. The report says the deal could increase Musk’s fortune by $110 billion.
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Newspaper Round-Up Covers SpaceX, NatWest and Anthropic
The roundup notes SpaceX’s second-ever public earnings report and Elon Musk’s support for exploring a potential combination with Tesla. The companies have formed special committees but have not reached an agreement.
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.