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Elon Musk says Tesla and SpaceX have set up committees to explore a merger

Source: businessinsider.com

M&A & RestructuringManagement & Governance
Elon Musk says Tesla and SpaceX have set up committees to explore a merger

Elon Musk said SpaceX and Tesla have each formed exploratory committees to discuss a possible merger, and that he cannot participate in the talks. No deal terms, timeline, or likelihood of a merger were provided.

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