Elon Musk: SpaceX and Tesla have formed a special committee to explore the possibility of a merger

SpaceX and Tesla have established a special committee composed of independent directors to explore potential merger transactions. Musk stated that he cannot participate in the relevant discussions due to conflicts of interest, but believes that the merger is a good idea and that there are potential benefits to strengthening cooperation between the two parties in the fields of artificial intelligence, chips, robotics, and communication connectivity. Musk emphasized that the merger is not a certainty and the transaction requires approval from 50% of Tesla's shareholders.