Elon Musk says Tesla and SpaceX are weighing a $3.5 trillion merger—without him in the room

Tesla and SpaceX are officially talking. Independent board members at the two Elon Musk-led companies have formed special committees to hash over a possible merger, Musk told investors during SpaceX’s third-quarter earnings call Tuesday. “These special committees consist of independent directors, and because I’m a conflicted party, I can’t actually be in the discussions of the special committees,” said Musk, who was asked about a potential combination during the call.

Source: Fortune Crypto