SpaceX (SPCX.O) and Tesla (TSLA.O) have each formed special committees of
independent directors to explore a potential merger, Elon Musk said on SpaceX’s
earnings call. Musk said he cannot participate in discussions because of a
conflict of interest but called a tie‑up “a good idea.” He cited potential
synergies in AI, chips, robotics and communications connectivity, but stressed a
deal is not certain and that it would be “overstating” to say it is done. Any
transaction would require approval from 50% of Tesla shareholders, which he
described as a high threshold.