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Musk Says SpaceX-Tesla Merger Is a Good Idea; Both Companies Have Formed Special Committees to Study Possible Merger

Speaking on SpaceX's third-quarter earnings call, Musk said a merger between SpaceX and Tesla is a good idea. The two companies have each formed special committees of independent directors to study a possible merger, but they have not yet agreed on transaction terms, and the merger would require approval by votes representing at least 50% of all shares.

Part of the event: SpaceX and Tesla Form Special Committee to Study Merger

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