Tesla’s stock rises as Elon Musk drops new clues about a possible SpaceX merger

Tesla stock is increasing following hints from Elon Musk regarding a potential merger with SpaceX. Special committees from both companies are currently evaluating the prospects of a combination, although Musk stated it is not a certainty. The proposed merger is valued at $3.5 trillion. Musk described the process as an odd kabuki dance, noting that two separate groups are conducting the discussions while he remains excluded from the actual conversations between the two entities.