Musk Backs Potential Tesla–SpaceX Merger, but No Deal Is Agreed

Musk has publicly endorsed combining Tesla and SpaceX, and reports say special committees have been formed, but no terms are agreed. Musk is reportedly excluded from committee discussions over conflicts, and shareholder approval would be required. New SpaceX earnings claims in a bullish article warrant verification and do not resolve the substantial governance, financing, execution and geopolitical risks.