Elon Musk said he would be open to combining Tesla and SpaceX into a single corporate group, describing potential benefits tied to artificial intelligence, chips, robotics and other areas....
Tesla shares gained in early trading as Elon Musk confirmed merger discussions with SpaceX ahead of the electric vehicle maker's third-quarter results.
Independent committees are assessing a potential tie-up, while strong SpaceX earnings lift shares ahead of Tesla’s results.
A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X.
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