Elon Musk considers merging SpaceX and Tesla in potential trillion-dollar deal

Elon Musk has formed special committees to assess a merger between SpaceX and Tesla, which would combine Tesla's automotive and AI technology with SpaceX's rockets and satellite operations. With Tesla valued at roughly $1.5 trillion and SpaceX at $2 trillion, the deal would create the largest merger ever. Any agreement requires shareholder approval, with Musk stating shareholders will likely back the deal as the companies' technologies complement each other.