Elon Musk Calls SpaceX-Tesla Merger 'A Good Idea'; Forms Special Committee To Combine The Companies
Elon Musk said that combining SpaceX and Tesla would be 'a good idea' and that the two companies have set up special committees to consider a union. SpaceX shares rose 8 percent in extended trading after his comments. Committees yet to agree terms Musk said the committees have not agreed on any terms for a transaction, according to Reuters. No structure, valuation or timeline for a deal has been…
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