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Space X and Tesla exploring merger, CEO Elon Musk says

SpaceX and Tesla have formed special committees to discuss a potential merger — and Elon Musk thinks "it's a good idea," the CEO of both companies said Tuesday. Why it matters: SpaceX and Tesla have increasingly been collaborating on chips and AI projects — and Musk leads both companies — prompting widespread speculation that they could join forces. Driving the news: Musk said on SpaceX's earnings call that the two companies have formed committees of independent directors to explore the possibil