BusinessPhoto: Firstpost BusinessElon Musk Confirms SpaceX and Tesla Merger Talks
Elon Musk confirmed that SpaceX and Tesla have formed special committees to explore a possible merger, calling it a "good idea" as both companies align their technology goals. SpaceX reported a $4.4 billion profit in Q3, boosted by a tenfold revenue increase from its AI business. Musk said he cannot join the talks due to conflicts and noted any merger needs shareholder approval. He also cautioned the deal is not guaranteed.
Firstpost Business·




