The boards of SpaceX and Tesla have established independent special committees to examine a potential merger, following requests from shareholders. The committees are reviewing the possibility, but have not agreed on any transaction terms.
Elon Musk, who leads both companies and is a major shareholder in each, said he is considered a conflicted party and will not take part in the committees' discussions. He supports exploring a combination, while stressing that a merger is not a certainty and would require shareholder backing.
The approval hurdles differ between the companies. Musk said SpaceX shareholders may be easier to secure because he holds more than half of the company's voting power. Tesla, by contrast, would require support from holders of at least 50% of all shares.
Musk pointed to potential collaboration in artificial intelligence software, robotics, chip manufacturing and SpaceX's proposed orbital AI data center project, Starmind. If shareholders approve a deal, closer coordination across these areas could shape how the companies develop future technologies.
