SpaceX and Tesla boards form special committees to review merger

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AI Fusion Summary

The boards of SpaceX and Tesla have separately established special committees to evaluate the possibility of a merger. Elon Musk confirmed the formation of these committees, which consist of independent directors to review the consolidation of his two largest companies. While Musk expressed that he likes the idea of the merger, he explicitly stated that he is not a member of either committee. This development represents a small step toward the potential unification of the two entities.
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