TechnologyTuesday, October 20, 20261 min read

Elon Musk says Tesla-SpaceX merger would be a 'good idea'

By BBC News · Published by Everything Blog

In short

Elon Musk has expressed interest in a merger between Tesla and SpaceX, two of his most prominent companies, stating it would be a "good idea." Special committees within both companies are currently considering the possibility, but there is no guarantee of agreement or a definitive outcome.

Key points

The merger would be between Tesla and SpaceX.: The merger would be between Tesla and SpaceX.
Musk believes it would be a "good idea.": Musk believes it would be a "good idea."
Committees within both companies are evaluating the possibility.: Committees within both companies are evaluating the possibility.

Sources checked by our analysis pipeline: 1

- Published

Elon Musk has said he likes the idea of a merger of Tesla and SpaceX, two of his most notable companies, and it is under active consideration.

"Do I think it would be a good idea? Yes," Musk said during a call with financial analysts over the quarterly business results of SpaceX on Tuesday.

While Musk noted the certainty of such a merger should not be assumed, and it would need shareholders' support, he said special committees within both companies have been formed to consider it.

"The special committees have not reached agreement on terms of any transaction and there's no guarantee that they will," Musk added. "But I do think there is a lot of merit to merging and a lot to be gained."

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Original source: www.bbc.co.uk

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Elon Musk says Tesla-SpaceX merger would be a 'good idea'

In short

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