Tesla, SpaceX form committees to explore potential merger, Musk wealth boost
Photo: Crypto Briefing
Elon Musk has confirmed that Tesla and SpaceX have formed special committees to explore a potential merger, a move that could significantly boost his wealth through the accelerated vesting of Tesla shares. This development was revealed during SpaceX’s third-quarter 2026 earnings call, marking the company’s first profit report as a public entity. The potential merger would require the approval of at least 50% of all Tesla shares outstanding, as Musk is excluded from the decision-making due to a conflict of interest.
Source: Crypto Briefing
