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Elon Musk confirms he is considering merging Tesla and SpaceX

Musk says special committees within both companies have been formed to look at a possible mega-merger.

Tarun Mottlia

Via BBC News

·Excerpt
Elon Musk confirms he is considering merging Tesla and SpaceX
Image: Image caption, Elon Musk is chief executive of both SpaceX and Tesla

Elon Musk has said he is actively considering merging Tesla and SpaceX, his two biggest companies.

"Do I think it would be a good idea? Yes," Musk said during a call with financial analysts to discuss SpaceX's latest results on Tuesday.

While Musk noted it could not be assumed a merger will go ahead, and it would need shareholders' support, he said special committees within both companies had been formed to examine the move.

"The special committees have not reached…

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