Elon Musk explores possibility of merging SpaceX and Tesla

Elon Musk announced that he has formed several teams to study the possibility of merging SpaceX and Tesla Inc. Musk noted that he himself is not participating in the discussions due to a conflict of interest.

Billionaire Elon Musk announced that he has formed several teams to study the possibility of merging SpaceX and Tesla Inc — two companies where he serves as CEO. Musk noted that he himself is not participating in the discussions due to a conflict of interest. Other details, including the composition of the teams and timelines, were not provided.