The possibility of a merger has arisen at SpaceX and Tesla, Musk would support it

Elon Musk announced the formation of shareholder committees at SpaceX and Tesla to explore a potential merger. Although Musk cannot participate in discussions due to conflicts of interest, he expressed support for the idea, emphasizing its merits. He stated that the decision ultimately lies with the shareholders, who have historically aligned with his vision. Recently, SpaceX reported a net profit of $4.4 billion for the last quarter, following two consecutive quarters of losses, with a revenue increase of 161% year-over-year.