Elon Musk says Tesla-SpaceX merger would be a 'good idea'

Elon Musk has expressed his positive view on the potential merger between Tesla and SpaceX, two of his prominent companies. This suggestion is currently being examined, according to Musk, during a discussion with financial analysts about SpaceX's recent quarterly results. Musk clarified that while the merger's certainty cannot be guaranteed, it would require backing from shareholders.

He also mentioned that special committees within both organizations have been established to explore the possibility. These committees have not yet reached a consensus on the terms, and there is no assurance that they will succeed. However, Musk believes there is significant value in merging the two entities, stating that there is much to be gained from such a partnership.

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