Elon Musk openly endorsed the prospect of combining SpaceX with Tesla Inc. in what would be the biggest-ever corporate merger, uniting assets from electric cars to AI data centers to rocket and satellite capabilities.
The world’s richest man said Tuesday the boards of both companies had formed special committees of independent directors to consider the idea of a combination. “There’s a lot of merit to combining the companies,” Musk said on a conference call after SpaceX announced earnings that beat estimates.