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Tesla and SpaceX Form Special Committees to Weigh $3.5 Trillion Merger

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Tesla and SpaceX independent directors have formed special committees to explore a possible merger that would create a company worth roughly $3.5 trillion, Elon Musk said. The committees give independent directors a formal role in weighing the combination. The reported $3.5 trillion figure is the size of the combined company under discussion, not a completed deal. No terms, timeline or outcome have been disclosed.

AI-generated from reports · 2 hours agoUpdate

Latest updatesOct 21 06:50
Tesla and SpaceX Form Special Committees to Weigh $3.5 Trillion Merger, Musk Says

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Oct 21
  1. Fortune Term Sheet
    Tesla and SpaceX Form Special Committees to Weigh $3.5 Trillion Merger, Musk Says

    Tesla and SpaceX independent directors have formed special committees to explore a possible merger that would create a roughly $3.5 trillion company.

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