- Tesla and SpaceX have formed special board committees to explore a merger.
Elon Musk says both companies have formed special board committees to discuss a potential merger. He serves on neither committee and says no deal is guaranteed. Any merger would be put to shareholders for a vote. Tesla shares rose 1.5% and SpaceX gained 5% in after-hours trading.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.