Musk confirms SpaceX and Tesla formed special committees of independent directors to explore merger

Elon Musk confirmed on SpaceX's Q3 2026 earnings call that Tesla and SpaceX have each formed special committees of independent directors to explore a potential merger, at shareholders' request, a preliminary step toward what could be the largest corporate tie-up of all time, forming a ~$3.5 trillion mega company. Musk, CEO of both, is excluded as a conflicted party; no agreement has been reached.

Detected & updated continuously · Source: Nebula