Musk forms committees to study SpaceX-Tesla merger, potential $3.6T entity

Elon Musk announced two committees to explore merging SpaceX and Tesla into a combined entity potentially worth $3.6 trillion, following strong SpaceX financial results and a 9% share rise. The move signals a major corporate restructuring that could reshape both companies' capital structures and market dynamics. Details on governance, regulatory hurdles, and timeline remain unclear.