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Tesla, SpaceX form committees to explore potential merger, Musk wealth boost

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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. Markets appear to interpret this exploration as a noteworthy indicator, with the potential for a formal announcement impacting the odds in prediction markets. Key developments to monitor include any official SEC filings or public statements from Tesla or SpaceX that confirm merger terms.

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