Tesla and SpaceX Appoint Special Board Committees to Evaluate Potential Merger
Tesla and SpaceX have established independent board committees to formally explore the prospect of merging the electric automaker and the private aerospace company. While CEO Elon Musk has indicated support for uniting the businesses, independent directors will steer negotiations to manage significant conflicts of interest. Any formal tie-up would face complex regulatory hurdles and require high voter approval thresholds from Tesla shareholders.